A merchant in the last day sells 2 lamps for Rs.12 price. He finds that he has got 25 % gain on one and 20% lost on the other. Did he loose or gain overall? If so how much?

Interview Candidate
Apr 6th, 2006
6
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dhiraj

Apr 8th, 2006

well the ans is no profit or loss as (1+.25)(1-.2)=1.25*.8=1

Jugal Madhavan

May 9th, 2006

The answer will be 60 paise.
25% of 12 is 3,which is profit.
20% of 12 is 2.4, which is loss.
3-2.4=.6, i.e, 60 paise.
he will have loss,reason:
12+25% of 12=15
12-20% of 12=9.6
15+9.6=24.6
I hope u have understood my idea.please do mail me some more questions regarding infosys as well as other companies placement papers.
but the merchant gave the 2 lamps at the cost of 12+12=24.
hence, he will have a loss of 60 paise.

vr4indian
Profile Answers by vr4indian

Jun 28th, 2006

sahi haisimple logic:case 1: 12 rs is 125% of what (9.6) case 2: 12 rs is 80% of what (15)so total cost: 15 + 9.6 = 24.6 and he sold in 12 +12 =24so loss of 0.60 paise