Question

    A dealer bought two washing machines at a certain amount. He sold the first washing machine at a 35% profit and the second washing machine at a 15% loss. If the selling price of each washing machine is Rs. 16,500, find the overall profit/loss percentage faced by the dealer in the transaction. (Correct up to two decimal places)

    A 15.25% Correct Answer Incorrect Answer
    B 10.95% Correct Answer Incorrect Answer
    C 4.32% Correct Answer Incorrect Answer
    D 12.5% Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price of the first washing machine be Rs. '100g' and the second washing machine be Rs.'100h'. ATQ: 100g × 1.35 = 100h × 0.85 = 16,500 For the first washing machine: For the second washing machine: Total cost price: 12,222 + 19,412 = Rs.31,634 Total selling price: 16,500 × 2 = Rs.33,000 Total profit made by the dealer: 33,000 − 31,634 = Rs.1,366 Profit percentage:

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