Two-third of the loss of A is equal to five-seventh of the profit of B. If the loss of A is Rs 2460, then how much (correct to 2 decimal places) percentage of the profit of B is the loss of A?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 107.14%.
Given:
Two-third of the loss of A is equal to five-seventh of the profit of B
The loss of A is Rs 2460
Calculations:
Let the loss of a be x and profit of b be y.
According to the question,
⇒ (2/3) × x = (5/7) × y
⇒ (2/3) × 2460 = (5/7) × y
⇒ y = 2296
Required percentage = (2460/2296) × 100
= 107.14%