Two mobiles are sold at same price If on one a profit of 25 is made and on another a loss of 10 is i...........

Quantitative Aptitude ( CCS) Profit and loss

Two mobiles are sold at same price. If on one, a profit of 25% is made and on another, a loss of 10% is incurred, find the net profit/loss%.

10 62/99%

15 12/33%

6 14/23%

4 28/43%

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Explanation:

Solution:
profit 25% = 125, loss 10% = 90. Let SP of each mobile = LCM of (125 and 90) = 2250
So CP1 = 100/125 * 2250 = Rs 1800, and CP2 = 100/90 * 2250 = Rs 2500
So total SP = 2250+2250 = Rs 4500
Total CP = 1800+2500 = Rs 4300
So gain% = (4500-4300)/4300 * 100 = 200/43% = 4 28/43%