Profit and Loss Practice Test 6

Question : 22 of 40

Marks: +1, -0

Bharti has purchased two shirts for the same price. If she has sold one at a gain of 12% and other at a loss of 12.5%. Find her net profit or loss per cent.

3%
$1/2 %$
$1/4 %$
1%
None of these

Validate

Solution:

Let the CP of each shirt = Rs 100
SP of one sold at 12% gain = Rs 112
SP of one sold at 12.5 loss = Rs 87.5
Total CP = Rs 200
Total SP = Rs 199.5
Loss per cent

=0.5/200   ×100=1/4%

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