The cost price of two fans is the same One fan is sold at a loss of 20 and the other fan is sold at ...........

Quantitative Aptitude (MTS) Profit and loss

The cost price of two fans is the same. One fan is sold at a loss of 20% and the other fan is sold at loss of 60%. What will be the

overall loss percentage?

This questions was previously asked in

SSC MTS 21st July 2022 Shift-2

40%

38%

25%

35%

- Let's assume the cost price of each fan is \( x \).

- Fan 1 is sold at a 20% loss, so the selling price is \( 0.8x \).

- Fan 2 is sold at a 60% loss, so the selling price is \( 0.4x \).

- Total cost price for two fans is \( 2x \).

- Total selling price for both fans is \( 0.8x + 0.4x = 1.2x \).

- Overall loss is \( 2x - 1.2x = 0.8x \).

- Loss percentage = \(\frac{0.8x}{2x} \times 100 = 40\%\).

The correct answer is Option 1: 40%.

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