Multiple choice

Nakul sold 2 cars. First car he sold at 22% profit and the second one he sold at 18% loss. If the total cost price of each car is Rs. 80,000, find the total profit.

  1. Rs. 3200

  2. Rs. 800

  3. Rs. 3000

  4. Rs. 3300

  5. Rs. 3400
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The first car has a profit of 22% of 80,000, which is 17,600. The second car has a loss of 18% of 80,000, which is 14,400. The total profit is 17,600 - 14,400 = 3,200.

AI explanation

Since the cost price of both cars is the same, the net percentage profit is the sum of the profit and loss percentages divided by two: (22 - 18) / 2 = 2% profit. Applying this percentage to one car's price gives the total profit: 2% of 80000 = 1600. Wait, let me recheck. The first car yields a profit of 22% of 80000, which is 17600, and the second incurs a loss of 18% of 80000, which is 14400. The total profit is 17600 - 14400 = 3200.

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