Join ExamsbookAnswer : 1. "4%"
A Shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net Profit or loss that he makes?5
Q: A Shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net Profit or loss that he makes?
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Answer : 1. "4%"
Explanation :
Answer: A) 4% Explanation: SP of first article = Rs.1000 Profit = 20% CP = SP x 100100+P% = Rs. 25003 SP of Second Article = Rs.1000 Loss = 20% CP = SP x 100100-L% = Rs. 1250 So, Total SP = Rs.2000; Total CP = Rs.6250/3 As the CP is more than SP, he makes a loss. Loss = CP - SP = (6250/3) - 2000 = Rs.(250/3) So, Loss Percent = Lossx100/CP = 4%