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SSC CGL Tier 2 Exam 1 Dec 2016 Paper 1
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Question : 37
Total: 100
Last year Mr. A bought two paintings. This year he sold them for Rs. 20,000 each. On one, he made a 25% profit and on the other he had a 25% loss. Then his net profit or loss is
He lost more than Rs. 2000
He lost less than Rs. 2000
He earned more than Rs. 2000
He earned less than Rs. 2000
Validate
Solution:
(1) C.P. of first painting
=
20000
×
100
125
=
R
s
.16000
C.P. of second painting
=
20000
×
100
75
=
R
s
.26666
.7
Loss = Rs. (16000 + 26666.7 – 40000) = Rs. 2666.7
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