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Raghuram sells his car at a profit of 20% and his bike at a loss of 20%. The cost price of the bike is 20% of the cost price of the car. What is the overall profit or loss percentage ?
  • a)
    16.66% profit
  • b)
    13.33% loss
  • c)
    16.66% loss
  • d)
    13.33% profit
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Raghuram sells his car at a profit of 20% and his bike at a loss of 20...
Let cost price of car = 100/-
then CP of bike = 20% of 100 = 20/-
Cost price of car and bike = 100+20 = 120/-
SP of car = 1.2(100) = 120/-
SP of bike = (1-0.2)(20) = 16/-
SP of car and bike = 120+16 = 136/-
Profit = 136-120 = 16/-
Profit % =  \times 100 = 13.3312016​×100=13.33%
So the answer is option D.
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Raghuram sells his car at a profit of 20% and his bike at a loss of 20%. The cost price of the bike is 20% of the cost price of the car. What is the overall profit or loss percentage ?a)16.66% profitb)13.33% lossc)16.66% lossd)13.33% profitCorrect answer is option 'D'. Can you explain this answer?
Question Description
Raghuram sells his car at a profit of 20% and his bike at a loss of 20%. The cost price of the bike is 20% of the cost price of the car. What is the overall profit or loss percentage ?a)16.66% profitb)13.33% lossc)16.66% lossd)13.33% profitCorrect answer is option 'D'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about Raghuram sells his car at a profit of 20% and his bike at a loss of 20%. The cost price of the bike is 20% of the cost price of the car. What is the overall profit or loss percentage ?a)16.66% profitb)13.33% lossc)16.66% lossd)13.33% profitCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Raghuram sells his car at a profit of 20% and his bike at a loss of 20%. The cost price of the bike is 20% of the cost price of the car. What is the overall profit or loss percentage ?a)16.66% profitb)13.33% lossc)16.66% lossd)13.33% profitCorrect answer is option 'D'. Can you explain this answer?.
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