Multiple Choice Questions on A woman suffered 20 loss on first investment and made 10 profit at second investment and 12 frac12 p........... for SBI(PO) Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    A woman suffered 20% loss on first investment and made 10% profit at second investment and 12 ½% profit on the third investment. If the invested amount be in the ratio of 4 : 5 : 3, find her profit percentage?

    0.625%

    Correct Answer

    1.205%

    Incorrect Answer

    0.987%

    Incorrect Answer

    0%

    Incorrect Answer
    Explanation:

    let the amounts invested be 4p, 5p and 3p

    Net profit = Total profit - Total loss

    = 10x5p/100 + 25x3p/200 - 20x4p/100

    = 0.875p - 0.8p

    = 0.075p

    Therefore, profit% = (Net profit/Total investment) x 100

    = 0.075 x 100/12 

    = 0.0625%

    Hence, option 1 is the correct answer.


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