Quantitative Aptitude • Percentage, Profit & LossHard
A store owner sells two table fans for ₹3,800 each. On one there is a profit of 20% and on the other a loss of 20%. What is the overall result?
A. 4% profit
B. 4% loss✓ Correct Answer
C. 20% loss
D. No profit, no loss
💡 Solution & Explanation
The two cost prices are different. Cost of the first = ₹3,800 × 100 ÷ 120 = ₹3,166.67; cost of the second = ₹3,800 × 100 ÷ 80 = ₹4,750. Total cost ₹7,916.67 is more than the total selling price ₹7,600, so there is a loss of 4%. Shortcut: equal selling prices with x% profit and x% loss always give a loss of x²/100 %.
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