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    Question

    A shopkeeper purchases two products, C and D, at Rs. 350

    and Rs. 450, respectively. He sells C at a profit of 10% and D at a loss of 8%. Find the net gain or loss.
    A Rs.9 loss Correct Answer Incorrect Answer
    B Rs.5 profit Correct Answer Incorrect Answer
    C Rs.5 loss Correct Answer Incorrect Answer
    D Rs.1 loss Correct Answer Incorrect Answer

    Solution

    ATQ,

    Selling price of article C = 350 × 1.10 = Rs. 385

    Selling price of article D = 450 × 0.92 = Rs. 414

    Overall profit/loss = (385 + 414) - (350 + 450) = 799 - 800 = Rs. 1 loss

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