2 Views

Question : The cost prices of a pen and a notebook are INR 600 and INR 4,000, respectively. If the pen and the notebook are sold at losses of 20% and 32%, respectively, what will be the approximate percentage of total loss incurred through the two sales made?

Option 1: 21.40%

Option 2: 26.08%

Option 3: 30.43%

Option 4: 28.42%


Team Careers360 4th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: 30.43%


Solution : The cost price of a pen = INR 600
Loss on selling pen = 20% of 600 = INR 120
Selling price of a pen = 600 – 120 = INR 480
Cost price of a notebook = INR 4000
Loss on selling notebook = 32% of 4000 = INR 1280
Selling price of a notebook = 4000 – 1280 = INR 2720
Total cost price = 600 + 4000 = INR 4600
Total selling price = 480 + 2720 = INR 3200
Total loss = 4600 – 3200 = 1400
Total loss percentage = $\frac{1400}{4600}×100= 30.43$%
Hence, the correct answer is 30.43%.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books