Question

A man sells two commodities for Rs. 4000 each, neither losing nor gaining anything out of the deal. If one of the products was sold at 25% profit, the other one sold at a loss of what percentage?

• A. 16.67%
• B. 18.18%
• C. 20%
• D. 25%
• E. None of the above

Answer 1

The correct option is A 16.67%

If one product was sold at 25% then CP = $\frac{4000}{1.25}=3200$
Since there is no loss or gain, total CP and SP should be 8000
So, cost of the second product = 8000 - 3200 = Rs 4800
Loss% = $\frac{800}{4800}\times 100=16.67\%$