Multiple Choice Questions on A man sells two Cars at the rate of Rs2Lakh each On one he gains 15 and on the other he loses 15 Wha........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A man sells two Cars at the rate of Rs2Lakh each On one he gains 15 and on the other he loses 15 Wha...........

Quantitative Aptitude ( CCS) Profit and loss
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    A man sells two Cars at the rate of Rs2Lakh each. On one he gains 15% and on the other, he loses 15%. What is his gain or loss percent in the whole transaction?

    1.5% loss

    Incorrect Answer

    2.25% loss

    Correct Answer

    1.5% profit

    Incorrect Answer

    2.25% profit

    Incorrect Answer
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    Explanation:

    Solution:
    In this case loss only occurs.
    Loss percent =152 / 100
    =225/100
    =2.25% loss.

    By: Pranav Gupta
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