Question

Selling price of first article is Rs. 960 and cost price of second article is Rs. 960. If there is a profit of 20% on first article and loss of 20% on second article, then, what will be the total loss?

• A. Rs. 36
• B. Rs. 24
• C. Rs. 20
• D. Rs. 32

Answer 1

Answer:

D. Rs. 32

After profit of 20%, CP of first article = 960 × (100/120) = Rs. 800 After loss of 20%, SP of 2nd article = 960 × (80/100) = Rs. 768 Total CP of both article = 800 + 960 = Rs. 1760 Total SP of both article = 960 + 768 = Rs. 1728 Total loss = 1760 – 1728 = Rs. 32