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NTPC Graduate Tier 1 2025 Shift-1 📅 06 May, 2025

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?

A
14%
B
17%
C
15%
D
16%
Result Summary
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APEDIA

NTPC Graduate Tier 1
2025 • 06 May, 2025 • Shift-1
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?
Correct Answer
16%
Cost Price Derivation: For the first dryer sold at a 5% profit, the Cost Price (CP) is 63000 / 1.05 = 60,000. For the second dryer sold at a 30% loss, the CP is......
💡 Analysis & Explanation
Cost Price Derivation
For the first dryer sold at a 5% profit, the Cost Price (CP) is 63000 / 1.05 = 60,000. For the second dryer sold at a 30% loss, the CP is 63000 / 0.70 = 90,000.
Total Transaction Analysis
The combined Total CP for both items is 60000 + 90000 = 1,50,000. The combined Total Selling Price (SP) is 63000 + 63000 = 1,26,000.
Loss Calculation
The overall monetary loss is Total CP - Total SP = 150000 - 126000 = 24,000.
Percentage Evaluation
The loss percentage is calculated as (Loss / Total CP) * 100, which is (24000 / 150000) * 100 = 16%.
Conclusion
The net loss on the entire transaction is exactly 16%.