NIFT UG 2017 Question Paper with solutions

Question : 46 of 150

Marks: +1, -0

If a shopkeeper sells a table at 10% profit and another table at 5% loss, what is his net percentage of loss or gain?

Solution:

Total CP = 100 + 100
= ₹ 200
Total SP

=110+95=₹205

Profit

=205–200

=₹5

Profit %

=5/200×100

5/2%=2{1/2}%

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