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

Question : 1

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 : 2

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 : 3

A man sells two chairs at Rs.120 each and by doing so gains 25% on one chair and loses 25% on the other. His loss on the whole in Rs. is

a) 30

b) 25

c) 16

d) 20

Question : 4

A person sells two machines at Rs.396 each. On one he gains 10% and on the other he loses 10%. His profit or loss in the whole transaction is :

a) 8% profit

b) 1% profit

c) 1% loss

d) no gain no loss

Question : 5

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 : 6

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