Multiple Choice Questions on Two articles were bought for the same price One was sold at 40 profit and the other was sold at 30 l........... for SSC CGL Exam Preparation

Ratio, Proportion

Quantitative Aptitude (CGL)

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Indian Economy - Understanding the basics of Indian economic system

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    Two articles were bought for the same price. One was sold at 40% profit and the other was sold at 30% loss. Find the overall percentage of profit/loss made.

    5%

    Correct Answer

    8%

    Incorrect Answer

    6%

    Incorrect Answer

    4%

    Incorrect Answer
    Explanation:

    Choose numbers 100
    40% profit = 140
    30% loss = 70 
    70+140-200/200= 10/200
    Or 5/100 5 percent profit . 


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