. A person loses 10% on one investment but gains
20% on another. If the ratio of the investments is
3:4, what is the percentage of gain or loss on the
two investments taken together?
Answers
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Step-by-step explanation:
Let Investments be 300 & 400.
SP of first one= 0.90*300=270
SP of second one = 1.20*400=480
Total SP = 750
CP = 700
Profit= 50
%Profit = (50/700)*100 = 50/7 %.
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