Management Aptitude Test 2018 Paper

(c) Let the CP of Bike-1 and Bike-2 be ₹ x and ₹ y.
Then,

120

100

x= 24000
⇒ x = ₹ 20000
and

85

100

y = 24000
⇒ y = ₹ 28235.29 ⇒ y = ₹ 28235
Total SP of two bikes = ₹ (24090 x 2) = ₹ 48000
Total CP of two bikes = ₹ 48235
Now, gain/loss per cent =

48000−48235

48235

x 100
= -

235

48235

x 100 = -

20

41

Hence, loss per cent is

20

41

%.