A man sells two items at Rs250 each What is the value in Rs of the profit or loss incurred in this t...........

Quantitative Aptitude (MTS) Profit and loss

A man sells two items at Rs250 each. What is the value (in Rs) of the profit or loss incurred in this transaction, if he sells one at a

profit of 25% and the other at a loss of 25%?

This questions was previously asked in

SSC MTS 8th October 2021 Shift-1

Profit, 33.33

Profit, 66.67

Loss, 66.67

Loss, 33.33

- Let's calculate the cost price (CP) for each item to understand the transaction better.

- For the first item, sold at a 25% profit:

- Selling Price (SP) = Rs 250

- Profit = 25%, so CP = SP / (1 + Profit) = 250 / 1.25 = Rs 200

- For the second item, sold at a 25% loss:

- SP = Rs 250

- Loss = 25%, so CP = SP / (1 - Loss) = 250 / 0.75 = Rs 333.33

- Total CP = Rs 200 + Rs 333.33 = Rs 533.33

- Total SP = Rs 250 + Rs 250 = Rs 500

- The overall transaction resulted in a Loss = Total CP - Total SP = Rs 533.33 - Rs 500 = Rs 33.33

Option 4: Loss, 33.33 is the correct answer.

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