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

Question : 1

A house and a shop were sold for Rs.1 lakh each. In this transaction, the house sale resulted into 20% loss whereas the shop sale into 20% profit. The entire transaction resulted in :

a) loss of Rs.$1/18$ lakh

b) loss of Rs.$1/12$ lakh

c) gain of Rs.$1/24$ lakh

d) no loss no gain

Question : 2

A man buys a field of agricultural land for Rs.3,60,000. He sells onethird at a loss of 20% and twofifths at a gain of 25%. At what price must he sell the remaining field so as to make an overall profit of 10 % ?

a) Rs.1,25,000

b) Rs.1,20,000

c) Rs.1,15,000

d) Rs.1,00,000

Question : 3

A dealer sold two types of goods for Rs.10,000 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

a) 4% loss

b) 4% gain

c) 2% gain

d) 2% loss

Question : 4

A person bought two bicycles for Rs.1600 and sold the first at 10% profit and the second at 20% profit. If he sold the first at 20% profit and the second at 10% profit, he would get Rs.5 more. The difference of the cost price of the two bicycles was :

a) Rs.75

b) Rs.25

c) Rs.40

d) Rs.50

Question : 5

Two-third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the total profit was Rs.400, then the value of the consignment was

a) Rs.16,500

b) Rs.16,000

c) Rs.15,500

d) Rs.15,000

Question : 6

A man sold two watches for Rs.240 each. On one he gains 20% and incurs a loss of 20% on another. What is his gain or loss per cent in this transaction ?

a) 4% loss

b) 4% profit

c) 2% loss

d) 1% profit