Geetha groups sell their two hotels which are made up of teak woods. One at 25% loss and other at 20% profit. If the cost prices of the two hotels are in the ratio of 3:4, what is his % profit or loss?

1 Answer

Answer :

CP are in the ratio 3:4 which is Rs.300& Rs.400

1st SP= 300-25% of 300 = Rs.225

2nd Sp=400 +20% of 400 = Rs.480

Total Cp= Rs 700

Total SP= 225+480 = Rs 705

Profit = Rs. 705 - 700 = Rs .5

then % profit= (5*100)/700 = 5/7%profit.

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