Join ExamsbookAnswer : 1. "1.44% loss"
If a trader sold two cars each at Rs. 325475 and gains 12% on the first and loses 12% on the second, then his profit or loss percent on the whole is ?5
Q: If a trader sold two cars each at Rs. 325475 and gains 12% on the first and loses 12% on the second, then his profit or loss percent on the whole is ?
- 11.44% losstrue
- 214.4% lossfalse
- 30%false
- 414.4% profitfalse
- Show AnswerHide Answer
- Workspace
Answer : 1. "1.44% loss"
Explanation :
Answer: A) 1.44% loss Explanation: SP of each car is Rs. 325475, he gains 12% on first car and losses 12% on second car.In this case, there will be loss and percentage of loss is given by = [(profit%)(loss%)]/100 = (12)(12)/100 % = 1.44%