Question : A man sells two articles at Rs. 9,975 each. He gains 5% on one article and loses 5% on the other. Find his overall gain or loss.
Option 1: Loss Rs. 60
Option 2: Profit Rs. 50
Option 3: Profit Rs. 60
Option 4: Loss Rs. 50
Latest: SSC CGL Tier 1 Result 2024 Out | SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL Tier 1 Scorecard 2024 Released | SSC CGL complete guide
Suggested: Month-wise Current Affairs | Upcoming Government Exams
Correct Answer: Loss Rs. 50
Solution : A man sells two articles at Rs. 9,975 each. Total selling price = Rs. 9975 × 2 = Rs. 19950 He gains 5% on one article. Cost price of that article $=\frac{100}{105}×9975=9500$ He loses 5% on the other article. Cost price of that article $=\frac{100}{95}×9975=10500$ The total cost price is = Rs. 9500 + Rs. 10500 = Rs. 20000 Loss = Rs. 20000 – Rs. 19950 = Rs. 50 Hence, the correct answer is a loss of Rs. 50.
Candidates can download this ebook to know all about SSC CGL.
Result | Eligibility | Application | Selection Process | Preparation Tips | Admit Card | Answer Key
Question : A man sells two cows for Rs. 15,640 each, gaining 15% on one and losing 15% on the other. Find his total gain or loss.
Question : A man purchased some oranges at the rate of 3 for Rs. 40 and the same quantity at 5 for Rs. 60. If he sells all the oranges at the rate of 3 for Rs. 50, find his gain or loss percentage (to the nearest integer).
Question : A dealer sold two types of goods for Rs. 10000 each. On one of them, he lost 20% and on the other, he gained 20%. His gain or loss per cent in the entire transaction was:
Question : A girl purchases 9 mangoes for Rs. 90 and sells 10 mangoes for Rs. 95. Find the gain or loss percentage.
Question : A man buys a machine for Rs. 5,000. After one year, he sells it for Rs. 6000. After two years, again he buys the same machine at Rs. 8,000 and sells it for Rs. 10,000. Find his overall profit percentage for both transactions.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile