A) 4% loss
B) 5% gain
C) 5% loss
Let Haider has x rupees
First-year = x + 25% of x
= x + (25/100)* x
= (125/100)x
Next year = (125/100)x – 20% of (125/100)x
= (125/100)x – (20/100)* (125/100)x
= 100x/100 = x
The rupees after second year= x, so total loss 0%
Related MCQs:
- A shopkeeper sells one-third of his goods at a profit of 10%, another one-third at a profit of 20%, and the rest at a loss of 6% What is his overall profit percentage?
- Hysteresis loss and eddy current loss are used in
- A plot is sold for Rs. 18,700 with a loss of 15%. At what price it should be sold to get profit of 15%?
- Arif, Hafiz and Haider share Rs 2560. Hafiz’s share is four times as much as Arif’s and Arif’s share is one-third of Haider’s. How much is the share of Arif?