Quantitative Aptitude • Percentage, Profit & LossHard
A vendor sells two table fans for ₹2,100 each. On one there is a profit of 20% and on the other a loss of 20%. What is the overall result?
A. No profit, no loss
B. 4% profit
C. 20% loss
D. 4% loss✓ Correct Answer
💡 Solution & Explanation
The two cost prices are different. Cost of the first = ₹2,100 × 100 ÷ 120 = ₹1,750; cost of the second = ₹2,100 × 100 ÷ 80 = ₹2,625. Total cost ₹4,375 is more than the total selling price ₹4,200, 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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