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

Question : 1

A man sells two pipes at Rs.12 each. He gains 20% on one and loses 20% on the other. In the whole transaction, there is

a) Profit of Rs.2

b) loss of Rs.1

c) profit of Rs.1

d) neither loss nor gain

Question : 2

Some toffees were bought at the rate of 11 for Rs.10 and the same number at the rate of 9 for Rs.10. If the whole lot was sold at one rupee per toffee, then the gain or loss in the whole transaction was

a) gain of 1.5%

b) neither gain nor loss

c) gain of 1%

d) loss of 1%

Question : 3

A man sells two articles at Rs.99 each. On one he gains 10% and on the other he loses 10%. What is his gain or loss per cent on the whole transaction ?

a) Profit, 1.5%

b) Profit, 1%

c) Loss, 1.5%

d) Loss, 1%

Question : 4

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 : 5

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 : 6

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