A man sells two flats for Rs 8000 each neither loosing nor gaining in the deal If he sold one at a g...........

Quantitative Aptitude ( CCS) Profit and loss

A man sells two flats for Rs. 8000 each. neither loosing nor gaining in the deal. If he sold one at a gain of 25%, the other commodity sold at a loss of:

50/3 %

18 /3%

25%

32%

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Explanation:

Total S.P = 16000 Rs. and Total C.P = 16000 Rs.
S.P. of Ist = Rs. 8000. Gain on it = 25%
C.P of Ist = Rs. (100/125 x 8000) = Rs.6400
C.P of 2nd = Rs, (16000 – 6400) = Rs. 9600.
S.P of 2nd = 8000.
∴loss on 2nd commodity = (1600/9600 x 100)% = 50/3%