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

Question : 1

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 : 2

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 : 3

The total cost price of two watches is Rs.840. One is sold at a profit of 16 per cent and the other at a loss of 12 per cent. There is no loss or gain in the whole transaction. The cost price of the watch on which the shopkeeper gains, is

a) Rs.390

b) Rs.380

c) Rs.370

d) Rs.360

Question : 4

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 : 5

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 : 6

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