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    Question

    A shopkeeper sold two articles for Rs. 9000 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 10% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Cost price of first article = 9000/0.8 = Rs. 11250 Cost price of second article = 9000/1.2 = Rs. 7500 Total cost price = 11250 + 7500 = Rs. 18750 Total selling price = Rs. 18000 Loss = 18750 – 18000 = Rs. 750 Loss percentage = 750/18750 × 100 = 4%

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