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Profit and Loss
A person earns 15% on an investment but loses 10% on another investment. If the ratio of the two investments be 3 : 5, what is the gain or loss on the two investments taken together ?
a. 6 1/4 % loss
b. 13 1/8 % gain
c. 13 1/8 % loss
d. None of these
Read Solution (Total 4)
-
- let the investments be 3x and 5x
then total investment=8x
total receipt=115% of 3x+90% of 5x
=115*3x/100+90*5x/100=7.95x
loss=C.P-S.P=8x-7.95x=0.05x
loss%=.05x*100/8x=0.625%
- 10 years agoHelpfull: Yes(8) No(0)
- ans:none of the above
ans:5/8
let the initial investments be 3x,5x
total investment=8x
15%of 3x+10%of 5x=159x/20=7.95%x
loss=cp-sp=8x-7.95x=0.05x
loss%=0.05*100/8x=5/8 - 11 years agoHelpfull: Yes(4) No(4)
- let the investments be=45000 and 75000
profit = 15% of 45000 = 6750
loss = 10% of 75000 = 7500
net loss on 120000 =750 = 5/8
ans=d - 10 years agoHelpfull: Yes(0) No(0)
- 3x* 23/20 - 5x *9/10 =21x/20 loss..
(21x/20) *100 /8x=105/8 % Loss
13 1/8 % Loss. - 10 years agoHelpfull: Yes(0) No(0)
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