A shopkeeper earns 10% on an investment but loses 20% on another investment. If the ratio of the two investments is 2 : 3, then the combined loss percentage is:
A. 5.5%
B. 7%
C. 6%
D. 8%
Answer: Option D
Solution(By Examveda Team)
Investments = 200 : 300\[\begin{array}{*{20}{c}} {200}&:&{300} \\ {\,\,\,\,\,\,\,\,\,\, \downarrow + 10\% }&{}&{\,\,\,\,\,\,\,\,\,\, \downarrow - 20\% } \\ {220}&{}&{240} \end{array}\]
Investments = 500
After increase/decrease = 460
Loss = 40
Loss % = $$\frac{{40}}{{500}}$$ × 100 = 8%
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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