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      Question

      A person sold two goods for Rs. 80 each. One item was sold

      at a loss of 10% and the other at a gain of 20%. Find the approximate difference between the cost prices of both items.
      A Rs.22 Correct Answer Incorrect Answer
      B Rs.75 Correct Answer Incorrect Answer
      C Rs.50 Correct Answer Incorrect Answer
      D Rs.68 Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let CP of gain article = x, and loss article = y

      x = 80 / 1.2 = 66.67

      y = 80 / 0.9 = 88.89

      Required difference = 88.89 – 66.67 = Rs. 22.22 or Rs.22

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