selling price 1,973 profit 273
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what is ur question bhai
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Example 1: A person earns 15% on investment but loses 10% on another investment. If the ratio of the two investments be 3:5, what is the gain or loss on the two investments taken together?
A) 0.63% B) 0.65% C) 0.7% D) 0.71%
Answer: Suppose he invests 300 & 500 respectively. Then profit can be written as: 15% of 300 = 45. Simlarly, the loss is equal to 500 × 10% = 50. Therefore, the net loss = – 5. Or in terms of percentage, we can write: 5/(500+300)×100 = 0.63 %. Hence the correct option is A) 0.63%.
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