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A dealer sells two dryers at the rate of ₹63,000 per dryer. On one, he earns a profit of 5% and on the other he loses 30%. What is his loss percentage in the whole transaction?

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RRB NTPC Graduate Level CBT-I Official Paper (Held On: 05 Jun, 2025 Shift 1)
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  1. 16%
  2. 15%
  3. 17%
  4. 14%

Answer (Detailed Solution Below)

Option 1 : 16%
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Detailed Solution

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Given:

Selling price of each dryer = ₹63,000

Profit on one dryer = 5%

Loss on other dryer = 30%

Formula used:

Cost Price (CP) =

Total Loss % =

Calculation:

CP of 1st dryer (profit 5%) =

CP of 2nd dryer (loss 30%) =

Total CP = 60000 + 90000 = ₹1,50,000

Total SP = 63000 + 63000 = ₹1,26,000

Total Loss = 150000 - 126000 = ₹24,000

⇒ Loss % = %

∴ The correct answer is loss.

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