SSC CGL 2022 PYQ — Question 67

The correct answer is Option 4 i.e. 8%.

Given:

Ratio of investments = 2 : 3

Gain on one investment = 10%

Loss on other investment = 20%

Explanation:

Let the first and second investments be 200 and 300 respectively.

Then, total amount of investement = 500

Now, gain on first investment = 10%

So, amount after gain = $200 \times {110 \over 100}$ = 220

Also, loss on second investment = 20%

So, amount after loss = $300 \times {80\over 100}$ = 240

Now the total amount after both profit and loss = 220 + 240 = 460

Now overall loss = 500 - 460 = 40

Therefore, loss % = ${40 \over 500} \times 100$ = 8.

Hence the combined loss percentage is 8%.