Interview Q&A / Aptitude
Aptitude interview questions
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- Two phones are each sold for ₹1,200, one at a 20% profit and the other at a 20% loss. What is the overall profit or loss?
An overall loss of 4%, or ₹100. Costs are 1,200/1.2 = ₹1,000 and 1,200/0.8 = ₹1,500. Total cost ₹2,500, total sale ₹2,400. When selling prices are equal and the gain and loss percentages are equal, there is always a loss of x^2/100 %.
IntermediateQuick answer1 min read