Elitmus
Exam
Numerical Ability
Profit and Loss
partha earns 15% on an investment but losses 10% on another investment. If the ratio of two investments is 3:5, then the combined loss percent is?
Read Solution (Total 5)
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- 0.625%
Let the two investments be 300 and 500 respectively.
Sum of the investments = 300+500 = 800
Total earnings = 300x(115/100) + 500x(90/100) = 795
So % loss = (800 - 795)x100/800 = 5/8 = 0.625 - 7 years agoHelpfull: Yes(12) No(0)
- ans= 0.624%
- 7 years agoHelpfull: Yes(2) No(2)
- total loss= 15%*3+(-10%)*5=45%-50%=5%
total item=3+5=8
loss percent=5/8%=0.625% - 6 years agoHelpfull: Yes(2) No(0)
- Let investments be 300 and 500
So total income = 0.15*300 - 0.1*50(-ve since its a loss) = 45-50 = -5 Therefore income = 800+(-5) = 795.
Thus, Loss = (5/800)*100 = 0.625 - 7 years agoHelpfull: Yes(1) No(0)
- let us take Two investments would be 300:500(800 total investment)
Then After 15% profit on 1st investment and 10% loss on 2nd investment
the ratio becomes 345:450(Total 795 achieved)
therefore loss=5
loss%=0.625 - 7 years agoHelpfull: Yes(0) No(0)
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