Multiple choice

A man purchases two articles at Rs. 1800 each. While selling one he gains 30% and on the other he loses 25%. What is his gain or loss percent on the whole transaction?

  1. Profit 1.5%

  2. Loss 1.5%

  3. Profit 2.5%

  4. Loss 2.5%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

CP = 1800 + 1800 = 3600. SP1 = 1800 * 1.3 = 2340. SP2 = 1800 * 0.75 = 1350. Total SP = 2340 + 1350 = 3690. Profit = 3690 - 3600 = 90. Profit % = (90/3600) * 100 = 2.5%.

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