Multiple Choice Questions on Two articles are sold for Rs975 each On one the seller gains 30 and on the other he loses 25 What is........... for SSC CGL Exam Preparation

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Multiple Choice Questions

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

Quantitative Aptitude (CGL) Profit and loss
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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
    View All ssc Previous Year Papers

    4.9% loss

    Correct Answer

    5.3% gain

    Incorrect Answer

    4.9% gain

    Incorrect Answer

    5.1% loss

    Incorrect Answer
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    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%

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