Profit and Loss Practice Test 10

Question : 20 of 28

Marks: +1, -0

A man sells two horses for the same price. On one he makes a profit of 10% on the other a loss of 15%. In the whole transaction, he makes:

Solution:

Let S.P. of each horse = Rs. x; then
C.P. of both horses

=100/110×x+100/85×x = 390187/x

Since, loss

=390/187x -2x = 16/187x

Hence, loss%

={16x\/187}/{390x\/187}×100=4 4/39%

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