AFCAT I 2021 Solved Paper

Let the cost prices of T.V. sets are Rs.x and Rs.y . and selling prices are Rs.3,75,000 for each with 20% profit and 20% loss. Then cost prices are
x=

375000

1.2

=312500 and y=

375000

0.8

=468750
Now, the total cost price of two T.V. sets =x+y=781250
And the total selling price of the two T.V. sets =2×375000=750000
So, he gets the loss, loss percentage =

781250−750000

781250

×100%=4%