- Home
- Standard 13
- Quantitative Aptitude
7.Profit and Loss
medium
A manufacturer sells an article to a wholesale dealer at a profit of $20 \%$. The wholesale dealer sells it to a retail merchant at a loss of $5 \% .$ Find out the resultant profit or loss.
A
$14 \%$ loss
B
$14 \%$ gain
C
$12 \%$ gain
D
None of these
Solution
Here, $m=20, n=-5$
$\therefore \quad$ Resultant profit or $\operatorname{loss} \%=\left(m+n+\frac{m n}{100}\right)$
$=\left(20-5+\frac{20 \times-5}{100}\right)=14 \%$
which represents profit as the sign is $+ ve.$
Standard 13
Quantitative Aptitude
