Suresh earns 35%, 50% on the first two investments but loses 25% on the third, if the ratio of the three investments is 3: 4: 5. What is the overall gain or loss on the neem
taken together?
a) 25 % loss
b)15 % gain
c) 15 % loss
d) 1.5 % gain
Answers
Answer:
the right answer is b)15 present gain
Given : ratio of the three investments is 3: 4: 5
Suresh earns 35%, 50% on the first two investments but loses 25% on the third,
To Find : overall gain or loss
Solution:
ratio of the three investments is 3: 4: 5
Hence let say three investments are 300x , 400x and 500x
Total = (300x + 400x + 500x) = 1200x
Earn on 1st = (35/100)300x = 105x
Earn on 2nd = (50/100) 400x = 200x
Loos on 3rd = (25/100)500x = 125x Hence Earns = - 125x
Total Gain = 105x + 200x - 125x
= 180x
overall gain % = (180x/1200x) * 100
= 15 %
b)15 % gain
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