New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    A shopkeeper sold two articles for Rs. 9100 each. On

    selling first article he faces a loss of 30%, while on selling second article he gains 30%. Find overall profit/loss percent of the shopkeeper.
    A 8% Correct Answer Incorrect Answer
    B 7% Correct Answer Incorrect Answer
    C 9% Correct Answer Incorrect Answer
    D 4% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Cost price of first article = 9100/0.7 = Rs. 13000 Cost price of second article = 9100/1.3 = Rs. 7000 Total cost price = 13000 + 7000 = Rs. 20000 Total selling price = Rs. 18200 Loss = 20000 – 18200 = Rs. 1800 Loss percentage = 1800/20000 × 100 = 9%

    Practice Next

    Relevant for Exams: