Profit and Loss Practice Test 5

Question : 7 of 40

Marks: +1, -0

A merchant sold two cows for Rs. 8400 and Rs. 8800 respectively. If he earns a profit of 20% onthe first and 10% on the second, his total profit is:

Solution:

S.P. of 2 cows = 8400 + 8800 = Rs. 17200
Hence, C.P. of 2 cows =

100/120×8400 +100/110 ×8800

= Rs. 15000
∴ Total profit = Rs. 17200 – Rs. 15000 = Rs. 2200

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