Profit, Loss and Discount Questions

Multiple choice
  1. 6%

  2. 25/3%

  3. 16/3%

  4. 20/3%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

CP of each goat = 6600. Loss of 16 2/3% (1/6) on first: Loss = 6600/6 = 1100. Profit of 33 1/3% (1/3) on second: Profit = 6600/3 = 2200. Net profit = 2200 - 1100 = 1100. Total CP = 6600 + 6600 = 13200. Profit % = (1100 / 13200) * 100 = 100/12 = 25/3%.