Question

Raghav sold two items, 'A' and 'B', each for Rs. 2,000. He incurred a 20% loss on item 'A' and earned a 25% profit on item 'B'. Calculate the approximate overall percentage of profit or loss.

Q: Answer-Raghav sold two items, 'A' and 'B', each for Rs. 2,000. He incurred a 20% loss on item 'A' and earne...

Cost price of A 2,0000.8 Rs. 2,500 Cost price of B 2,0001.25 Rs. 1,600 Overall cost price 2,500 1,600 Rs. 4,100 Overall selling price 2,000 2,000 Rs. 4,000 Overall loss percentage 4,100 - 4,000 4,100 X 100 10041 21841

A 4(3/7)% loss

B 3(5/18)% profit

C 2(18/41)% loss

D 5(6/11)% loss

E 6(1/11)% profit

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Raghav sold two items, 'A' and 'B', each for Rs. 2,000. He incurred a 20% loss on item 'A' and earned a 25% profit on item 'B'. Calculate the approximate overall percentage of profit or loss.

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