A man earns 40 % profit in his investment of 1000000 rupee, after then he invests all the money in

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09 Sep 2010 investment and loss

A man earns 40 % profit in his investment of 1000000 rupee, after then he invests all the money in a second business,
in which he losses 30 % of the investment. What % of the initial investment he losses.

OPtion

1) 6
2) 1
3) 4
4) 2
5) 5
6) 3
7) 4.5
8) 3.5
9) 10/7
10) 20/7

Solution

After first business total amount received = 1000000 * 140 /100 = 1400000
After second business total amount received = 1400000 * 70 /100
= 980000
Loss = 20000
% loss = 20000 *100 / 1000000
= 2

Correct Option: 4 Best Solution (8)

Dr.Dipin Singh   14 years AGO

Let investment be Rs 100.

Final amt will be 100*1.4*0.7 = 98

loss on Rs 100 = Rs 2.

So % loss = 2%

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Tridib Das   14 years AGO

Let the core product of 2 investments be 100*100 = 10000.
After all the transactions, it will be 140*70 = 9800.
[As 40% profit (100*140/100=140) on first, and 30% loss (100*70/100=70) on second].
Thus, on the whole transaction he loses (100-98) = 2%.
Therefore the answer is (4) 2.

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Harigopal Chandak   14 years AGO

40% profit in 1000000 = 400000
So the total MOney now man have
-- > (1000000+400000)=1400000

Now when he invest 1400000(All MOney)loss of 30%

30% Loss in 1400000 = 420000
Remaining MOney = 1400000-420000 = 980000

-- >Initial Invesment - Remaining Money
-- > 1000000 - 980000
-- > 20000
-- > 2%

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MP    14 years AGO

100* [1000000 *((100+40)/100 ) * ((100-30)/100) - 1000000]/ 1000000 = - 2 %

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Mayur   14 years AGO

(1000000 - ( 1000000*1.4 * 0.7) / 1000000)*100 = 2 %

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Bimal   14 years AGO

1000000 *1.4*0.7 = 980000 and loss = Rs. 20000 and hence loss in percentage is 2%.

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Leena   14 years AGO

If x is initial investment , then total amt after 2 businesses will be x*140/100 *70/100 = 0.98x .

loss = 0.2 x and % loss = (0.2x/x)*100= 2%

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PADMASHREE   14 years AGO

40%=1400000
option 4

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