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      Question

      A shopkeeper sold two articles for Rs. 9900 each. On

      selling first article he faces a loss of 20%, while on selling second article he gains 20%. Find overall profit/loss percent of the shopkeeper.
      A 5% Correct Answer Incorrect Answer
      B 7% Correct Answer Incorrect Answer
      C 4% Correct Answer Incorrect Answer
      D 8% Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Cost price of first article = 9900/0.8 = Rs. 12375 Cost price of second article = 9900/1.2 = Rs. 8250 Total cost price = 12375 + 8250 = Rs. 20625 Total selling price = Rs. 19800 Loss = 20625 – 19800 = Rs. 825 Loss percentage = 825/20625 × 100 = 4%

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