SSC CGL 11 Aug 2017 Shift 1 Paper

Question : 57 of 100

Marks: +1, -0

A dealer sells two machines at ₹ 12000 each. On one it gains 32% and on the other it looses 32%. What is its profit/loss percentage in the whole transaction ?

No gain and no loss
1% loss
18% profit
10.24% loss

Validate

Solution:

Let the cost price of the first machine

= 12000 × 100/(100+32)

= 9090.90

The cost price of the second machine

= 12000 ×100/(100-32)= 17647.05

Total cost price

= 9090.90 + 17647.05

= 26737.95

Loss =

26737.95- 2 ×12000

= 2737.95

∴ Loss percentage

=2737.95/26737.95 ×100=10.24%

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