A man sells 2 books for Rs 450 each at no profit no loss on the whole business If he earned 20 profi...........

Quant (SSC) Profit and loss

A man sells 2 books for Rs.450 each at no profit no loss on the whole business. If he earned 20% profit on the 1^st item then the loss on the 2^nd item will be

12.48%

14.28%

12.24%

14.28%

छोटे Courses बड़े Results

Master Profit and loss

Prepare through Micro-courses

Try Now

Explanation:

SP of 2 items = 450+450 = 900
CP of 1^st item = 450*100/120 =375
CP of 2^nd item = 900 – 375 = 525
Loss = CP – SP= 525 – 450 = 75
% loss = 75*100/525 = 14.28%