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

Question : 1

A man bought a horse anda carriage for Rs.40,000. He sold the horse at a gain of 10 % and the carriage at a loss of 5%. He gained 1% on his whole transaction. The cost price of the horse was :

a) Rs.20000

b) Rs.18000

c) Rs.16000

d) Rs.15000

Question : 2

When the price of cloth was reduced by 25%, the quantity of cloth sold increased by 20%. What was the effect on gross receipt of the shop?

a) 10% decrease

b) 10% increase

c) 5% decrease

d) 5% increase

Question : 3

A man bought two goats for Rs.1008. He sold one at a loss of 20% and other at a profit of 44%. If each goat was sold for the same price, the cost price of the goat which was sold at loss, was :

a) Rs.440

b) Rs.568

c) Rs.360

d) Rs.648

Question : 4

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 : 5

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 : 6

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