Profit, Loss and Discount Questions

Multiple choice
  1. 7.56%

  2. 6.36%

  3. 4.39%

  4. 8.1%

  5. 10.3%

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

Flat: 2 * (1.2)^2 = 2.88 lakh. Land: 2.2 * (1.1)^2 = 2.662 lakh. After exchange, Raghav has land worth 2.662 and Sita has flat worth 2.88. Raghav's gain = 2.662 - 2 = 0.662 (33.1%). Sita's gain = 2.88 - 2.2 = 0.68 (30.9%). The question asks for the profit of the one who gained (presumably the net gain relative to initial investment). The calculation leads to 8.1% gain for the person who received the flat.