SSC CGL Tier II 12 Jan 2017 Paper 1

Question : 36 of 100

Marks: +1, -0

Mr. Kapur purchased two toy cycles for Rs 750 each. He sold these cycles, gaining 6% on one and losing 4% on the other. The gain or loss per cent in the whole transaction is

1% loss
1% gain
1.5% loss
1.5% gain

Validate

Solution:

(2) Total profit in sales

= {Rs} . ( {750 × 6}/{100}- {750 × 4}/{100} )

= Rs. (45 – 30) = Rs. 15
or,Profit (6 – 4)% of 750

= {750 × 2}/{100}=

Rs. 15
∴ Profit per cent

= 15/1500 ×100 = 1%

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