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Home Aptitude Profit and Loss See What Others Are Saying!
  • Question
  • Anmol soldtwo items for Rs 1000 each. On one, he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?


  • Options
  • A. profit,0.95%
  • B. loss,1%
  • C. profit,10%
  • D. loss,10%

  • Correct Answer
  • loss,1% 

    Explanation

    Let the two item be A and B.

    Cost price of A be x and cost price of B be y.

    A sold for Rs 1000 on 10 % gain = 1.1x =1000

    x= 1000/1.1 = 909.09

    B sold for Rs. 1000 on 10% loss = 0.9y =1000y= 1000/0.9 = 1111.11

    Total cost price of A and B = 2020.20

    Selling price of A and B = 2000

    Loss % = (2020.20 ?2000)/2000 X 100

    = 1.01 % loss


  • More questions

    • 1. 
      A car driver covers a distance between two cities at a speed of 60 km/h and on the return his speed is 40 km/h. He goes again from the 1st to the 2nd city at twice the original speed and returns at half the original return speed. Find his average speed for entire journey?

    • Options
    • A. 55 km/h
    • B. 50 km/h
    • C. 48 km/h
    • D. 40 km/h
    • Discuss
    • 2. A train of length 110 meter is running at a speed of 60 kmph. In what time, it will pass a man who is running at 6 kmph in the direction opposite to that in which the train is going?

    • Options
    • A. 10
    • B. 8
    • C. 6
    • D. 4
    • Discuss
    • 3. The least number to be added to 13851 to get a number which is divisible by 87 is

    • Options
    • A. 18
    • B. 43
    • C. 54
    • D. 69
    • Discuss
    • 4. A non-zero number is greater than 7 times its reciprocal by 9.3. What is the number?

    • Options
    • A. 10
    • B. 20
    • C. 5
    • D. 14
    • Discuss
    • 5. What is the sum of the first 12 terms of an arithmetic progression if the first term is 3 and last term is 47?

    • Options
    • A. 260
    • B. 300
    • C. 280
    • D. 220
    • Discuss
    • 6. The average of four consecutive odd numbers is 40. What is the largest number?

    • Options
    • A. 42
    • B. 45
    • C. 43
    • D. 44
    • Discuss
    • 7. Of the 3 numbers whose average is 40, the first is 1/3 rd the sum of other 2. What is the first number?

    • Options
    • A. 20
    • B. 50
    • C. 25
    • D. 30
    • Discuss
    • 8. The sum of a fraction and 7 times its reciprocal is 11/2. What is the fraction?

    • Options
    • A. 7/2
    • B. 2/7
    • C. 3/4
    • D. 4/3
    • Discuss
    • 9. M is the largest three digit number which when divided by 6 and 5 leaves remainder 5 and 3 respectively. What will be the remainder when M is divided by 11?

    • Options
    • A. 1
    • B. 2
    • C. 3
    • D. 4
    • Discuss
    • 10. Two numbers are 40% and 80% lesser than a third number. By how much percent is the second number to be enhanced to make it equal to the first number?

    • Options
    • A. 100
    • B. 33.3
    • C. 66.6
    • D. 200
    • Discuss


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