Symbiosis National Aptitude Test SNAP 2014 Paper

Question : 14 of 150

Marks: +1, -0

A property dealer sells a house for ₹ 6,30,000 and in the bargain makes a profit of 5%. Had he sold it for ₹ 5,00,000, then what percentage of loss or gain he would have made?

$2 1/4 %$ gain
10% loss
$12 1/2 %$ loss
$16 2/3 %$ loss

Validate

Solution:

C.P. = ₹

({100}/{105}×630000)

= ₹ 600000
∴ Required loss % =

({100000}/{600000}×100)%

16 2/3%

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