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.
Option 1: Rs. 720 loss
Option 2: Rs. 360 loss
Option 3: Rs. 720 gain
Option 4: Rs. 360 gain
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Correct Answer: Rs. 720 loss
Solution : The cost price of the cow that's sold at 15% profit = $\frac{15640}{ (100+15\%)}$ = Rs. 13600 Profit incurred = 15650 – 13600 = Rs. 2040 The cost price of the cow that's sold at 15% loss = $\frac{15640}{ (100-15\%)}$= Rs. 18400 Loss incurred = 18400 – 15640 = Rs. 2760 $\therefore$ Total Loss = 2760 – 2040 = Rs. 720 Hence, the correct answer is a Rs. 720 loss.
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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
Question : Mona purchased two sets of jewellery for INR 4,000 each. She sold these sets of jewellery, gaining 8% on one and losing 6% on the other. Calculate her total loss or gain in this whole transaction.
Option 1: INR 120 gain
Option 2: INR 80 gain
Option 3: INR 80 loss
Option 4: INR 120 loss
Question : Mr. Kapur purchased two toy cycles for Rs. 750 each. He sold these cycles gaining 6% on one and losing 4% on the other. The gain or loss per cent in the whole transaction is:
Option 1: 1% loss
Option 2:
1% gain
Option 3:
1.5% loss
Option 4:
1.5% gain
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:
Option 1: 2% loss
Option 2: 2% gain
Option 3: 4% gain
Option 4: 4% loss
Question : A girl purchases 9 mangoes for Rs. 90 and sells 10 mangoes for Rs. 95. Find the gain or loss percentage.
Option 1: 2.5% loss
Option 2: 5% loss
Option 3: 2.5% gain
Option 4: 5% gain
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