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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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