Join ExamsbookAnswer : 2. "3.125 %"
Raghu earns 25% on an investment but loses 10% on another investment. If the ratio of the two investment is 3:5. What is the gain or loss on two investments taken together ?5
Q: Raghu earns 25% on an investment but loses 10% on another investment. If the ratio of the two investment is 3:5. What is the gain or loss on two investments taken together ?
- 11.251 %false
- 23.125 %true
- 37.21 %false
- 49.451 %false
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Answer : 2. "3.125 %"
Explanation :
Answer: B) 3.125 % Explanation: Taking the 2 investments to be 3x and 5x respectivelyTotal income of Raghu = (3x) x 1.25 + (5x) x 0.9 = 8.25Therefore, Gain% = 0.25/8 x 100 = 3.125 %.