A shopkeeper sells two watches for Rs. 308 each. On one he gets 12% profit and on the other 12 % loss. His profit or loss in the entire transaction was :

Neither profit, nor loss

No worries! We‘ve got your back. Try BYJU‘S free classes today!

\frac{11}{25}

No worries! We‘ve got your back. Try BYJU‘S free classes today!

1 \frac{11}{25}

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

3 \frac{2}{25}

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C $1 \frac{11}{25}$ %
$L o s s % = {(\frac{C o m m o n g a i n o f l o s s}{10})}^{2} \times %$
$= {(\frac{k}{10})}^{2} = \frac{36}{25} = 1 \frac{11}{25} %$

Suggest Corrections

Similar questions

Q. A shopkeeper sold two bicycle for

R s . 15000

each, on first he gains

50

% and on the other a loss of

25

%. His profit or loss is :

Salman sells two cycles at $R s . 2500$ each. If he makes a profit of $25 %$ on one and incurs a loss of $25 %$ on the other, find his net profit or loss $% .$

A shopkeeper bought two TV sets at random $15000$ each. He sold one at profit of $25 %$ and the other at a loss of $25 %$ .find out overall profit or loss percentage.