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