SSC CGL Tier II 1 Dec 2016 Paper 1

Question : 37 of 100

Marks: +1, -0

Last year Mr. A bought two paintings. This year he sold them for Rs. 20,000 each. On one, he made a 25% profit and on the other he had a 25% loss. Then his net profit or loss is

He lost more than Rs. 2000
He lost less than Rs. 2000
He earned more than Rs. 2000
He earned less than Rs. 2000

Validate

Solution:

(1) C.P. of first painting

= {20000× 100}/{125}

=R s .16000

C.P. of second painting

= {20000× 100}/{75}=R s .26666 .7

Loss = Rs. (16000 + 26666.7 – 40000) = Rs. 2666.7

Go to Question:

Prev Question

Next Question