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A man sells two articles at Rs. 99 each. He gains 10% on one and loses 10% on the other. Then on overall basis he -

A. Gains Rs. 2

B. Neither gains nor loses

C. Loses Rs. 2

D. Loses Rs. 1

Answer: Option C

Solution(By Examveda Team)

$$\eqalign{ & {\text{Total Selling Price}} \cr & = {\text{Rs}}{\text{.}}\left( {2 \times 99} \right) \cr & = {\text{Rs}}.198 \cr & {\text{C}}{\text{.P}}{\text{. of first article}} \cr & = {\text{Rs}}.\left( {\frac{{100}}{{110}} \times 99} \right) \cr & = {\text{Rs}}{\text{. }}90 \cr & {\text{C}}{\text{.P}}{\text{. of second article}} \cr & = {\text{Rs}}.\left( {\frac{{100}}{{90}} \times 99} \right) \cr & = {\text{Rs}}{\text{. }}110 \cr & {\text{Total C}}{\text{.P}}{\text{.}} \cr & = {\text{Rs}}.\left( {90 + 110} \right) \cr & = {\text{Rs}}{\text{. }}200 \cr & \therefore {\text{Loss}} = {\text{Rs}}.\left( {200 - 198} \right) \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{. }}2 \cr} $$

This Question Belongs to Arithmetic Ability >> Profit And Loss

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Comments ( 1 )

  1. Lincy Evangeline
    Lincy Evangeline :
    2 years ago

    For 20% answer will be?

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