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    Question

    A shopkeeper sold two articles for Rs. 9676 each. On

    selling first article he faces a loss of 18%, while on selling second article he gains 18%. Find overall profit/loss percent of the shopkeeper.
    A 2.24% Correct Answer Incorrect Answer
    B 5.24% Correct Answer Incorrect Answer
    C 3.24% Correct Answer Incorrect Answer
    D 7.24% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Cost price of first article = 9676/0.82 = Rs. 11800 Cost price of second article = 9676/1.18 = Rs. 8200 Total cost price = 11800 + 8200 = Rs. 20000 Total selling price = Rs. 19352 Loss = 20000 – 19352 = Rs. 648 Loss percentage = 648/20000 × 100 = 3.24%

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