Two toys are sold at 504 each One toy brings the dealer a gain of 12 and the other a loss of 4 The g...........

Quant (SSC) Profit and loss

Two toys are sold at ? 504 each. One toy brings the dealer a gain of 12% and the other a loss of 4%. The gain or loss per cent by selling both the toys is

3 5/13% profit

4 5/13% profit

5 1/13% profit

2 3/13% profit

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Explanation:

CP of first toy = 100/112 x 504 = 450
CP of second toy = 100/96 x 504 = 525
Total CP = 450 + 525 = ? 975
Total SP = 2 × 504 = ? 1008
Profit = 1008 – 975 = ? 33
∴ Profit per cent = 33/975 x 100 = 44/13 = 3 5/13%