Multiple Choice Questions on A sells an article to B at a profit of 20 B sells the article back to A at a loss of 15 What is the ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A sells an article to B at a profit of 20 B sells the article back to A at a loss of 15 What is the ...........

Quantitative Aptitude ( CCS) Profit and loss
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    A sells an article to B at a profit of 20% B sells the article back to A at a loss of 15%. What is the loss or profit percentage for A in this transaction.

    18% profit

    Correct Answer

    12% loss

    Incorrect Answer

    18% loss

    Incorrect Answer

    12% profit

    Incorrect Answer
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    Explanation:

    Solution:
    Let the CP be Rs100
    Then A sell to B=100*120/100=Rs120
    Again B sell to A=120*85/100=Rs102
    Profit =120-102=Rs18.
    Profit %ge= 18%.

    By: Pranav Gupta
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