If a trader sold two cars each at Rs. 325475 and gains 12% on the firs – InterviewSolution

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1.

If a trader sold two cars each at Rs. 325475 and gains 12% on the first and loses 12% on the second, then his profit or loss percent on the whole is?

Answer»

1.44% loss

SP of each car is Rs. 325475, he gains 12% on FIRST car and LOSSES 12% on second car.

In this CASE, there will be loss and percentage of loss is given by = [(PROFIT%)(loss%)]/100 = (12)(12)/100 % = 1.44%

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