Profit and loss

Quantitative Aptitude (CGL)

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Two articles are sold for Rs975 each. On one, the seller gains 30% and on the other, he loses 25%. What is the overall gain or

loss percentage, correct to one decimal place?

This questions was previously asked in

SSC CGL 12 June 2019 Shift-3

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4.9% loss

5.3% gain

4.9% gain

5.1% loss

Explanation:

Selling Price of both the articles is 975.
CP of article where gain is 30% is 975/1.3 = 750
CP of article where loss is 25% is 975/0.75 = 1300
Total CP = 750+1300= 2050
Total SP = 975+975 = 1950
Loss% = (2050-1950)/2050 = 100/2050 = 4.9%

By: santosh

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