Ranjan earns 15 on an investment but loses 10 on another investment If the ratio of two investments ...........

Quant (SSC) Percentage

Ranjan earns 15% on an investment but loses 10% on another investment. If the ratio of two investments is 3:5, then find the combined loss percentage.

5/8% loss

3/8% loss

8/5% loss

7/5% loss

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Explanation:

Let the first investment be 3x and then second investment be 5x
Combined loss % = (3x * 15/100 - 5x * 10/100 /3x + 5x) * 100
= (45x/100 - 50x/100 /8x) x 100
= (-5x /8x * 100) x 100
= - 5 /8%(loss)