model 8 two article sold in different rates Section-Wise Topic Notes With Detailed Explanation And Example Questions

Question : 1

Kewal sells two tape recorders at the same price. On one, he gains 10% and on the other he loses 10%. The total gain or loss in the transaction is

a) 2% loss

b) No loss or gain

c) 1% loss

d) 1% gain

Question : 2

Two bicycles were sold for Rs.3990 each, gaining 5% on one and losing 5% on other. The gain or loss per cent on the whole transaction is :

a) 0.25% loss

b) 2.5% loss

c) 2.5% gain

d) neither gain nor loss

Question : 3

A shopkeeper sells two T.V. sets at the same price. There is a gain of 20% on one TV and a loss of 20% on the other. State which of the following statement is correct :

a) The shopkeeper loses by 4%

b) The shopkeeper gains by 4%

c) The shopkeeper loses by 2%

d) The shopkeeper makes no net gain or profit

Question : 4

A cloth merchant sold half of his cloth at 40% profit, half of remaining at 40% loss and the rest was sold at the cost price. In the total transaction his gain or loss will be

a) 15% loss

b) 10% gain

c) 25% loss

d) 20% gain

Question : 5

A trader bought two horses for Rs.19,500. He sold one at a loss of 20% and the other at a profit of 15%. If the selling price of each horse is the same, then their cost price are respectively.

a) Rs.10,500 and Rs.9,000

b) Rs.12,000 and Rs.7,500

c) Rs.11,500 and Rs.8,000

d) Rs.10,000 and Rs.9,500