📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    A shopkeeper sold two articles for Rs. 19032 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 7.84% Correct Answer Incorrect Answer
    B 8.84% Correct Answer Incorrect Answer
    C 9.84% Correct Answer Incorrect Answer
    D 4.84% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Cost price of first article = 19032/0.78 = Rs. 24400 Cost price of second article = 19032/1.22 = Rs. 15600 Total cost price = 24400 + 15600 = Rs. 40000 Total selling price = Rs. 38064 Loss = 40000 – 38064 = Rs. 1936 Loss percentage = 1936/40000 × 100 = 4.84%

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question