Telangana Police SI 2018 · Question 4 of 96

By selling two articles each at Rs. 480, a merchant gets 20% profit on one and loses 20% on the other. In the total transaction the merchant gets:

Profit and Loss

A4% lossCorrect
Bno loss no gain
C5% loss
D5% gain

Answer: A. 4% loss

Explanation

When the same selling price gives x% profit on one article and x% loss on another, there is always a net loss of x^2/100 %. Here x = 20, so loss = 400/100 = 4%.

Source: TSLPRB SCT SI Civil PWT 2018 official paper (Arithmetic & Test of Reasoning); answer verified by worked solution

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