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    Question

    A shopkeeper sold two articles for Rs. 9516 each. On

    selling first article he faces a loss of 22%, while on selling second article he gains 22%. Find overall profit/loss percent of the shopkeeper.
    A 4.50% Correct Answer Incorrect Answer
    B 6.84% Correct Answer Incorrect Answer
    C 7.84% Correct Answer Incorrect Answer
    D 4.84% Correct Answer Incorrect Answer

    Solution

    Cost price of first article = 9516/0.78 = Rs. 12200 Cost price of second article = 9516/1.22 = Rs. 7800 Total cost price = 12200 + 7800 = Rs. 20000 Total selling price = Rs. 19032 Loss = 20000 – 19032 = Rs. 968 Loss percentage = 968/20000 × 100 = 4.84%

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