Successive Profit & Loss

Important

When there are two successive profits of $$x\%$$ and $$y\%$$ then the net percentage profit $$=\ \dfrac{\ x+y+xy}{100}$$.

When there is a profit of $$x\%$$ and loss of $$y\%$$ then net percentage profit or loss $$=\ \dfrac{\ x-y-xy}{100}$$

If the original price of a product is P and an increase of x% is made, the resultant price of the product will be $$P(1+\frac{x}{100})$$

Similarly, if the original price of a product is P and a decrease of x% is made, the resultant price of the product will be $$P(1-\frac{x}{100})$$

Question 1

Raj invested ₹ 10000 in a fund. At the end of first year, he incurred a loss but his balance was more than ₹ 5000. This balance, when invested for another year, grew and the percentage of growth in the second year was five times the percentage of loss in the first year. If the gain of Raj from the initial investment over the two year period is 35%, then the percentage of loss in the first year is

Question 2

Amal buys 110 kg of syrup and 120 kg of juice, syrup being 20% less costly than juice, per kg. He sells 10 kg of syrup at 10% profit and 20 kg of juice at 20% profit. Mixing the remaining juice and syrup, Amal sells the mixture at ₹ 308.32 per kg and makes an overall profit of 64%. Then, Amal’s cost price for syrup, in rupees per kg, is

Question 3

Gita sells two objects A and B at the same price such that she makes a profit of 20% on object A and a loss of 10% on object B. If she increases the selling price such that objects A and B are still sold at an equal price and a profit of 10% is made on object B, then the profit made on object A will be nearest to

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