Ram sold two horses at same price. In one he gets a profit of 10 % and in other he gets a loss of 10

English

Gujarati

Hindi

7.Profit and Loss

medium

Ram sold two horses at the same price. In one he gets a profit of $10 \%$ and in the other he gets a loss of $10 \% .$ Then Ram gets

A

no loss or profit

B

$1 \%$ profit

C

$1 \%$ loss

D

$2 \%$ loss

Solution

Let us consider $C.P.$ of $1$ horse $-₹ 100$.

Profit earned in $1^{\text {st }}$ horse $=10 \%(100)=₹ 10$

Loss in $2^{\text {nd }}$ horse $=10 \%(100)=₹ 10$

Total $CP .=₹ 200$

Total $S.P.$ $=₹ 100+90=₹ 200$

No loss or profit.

Standard 13

Quantitative Aptitude

Share

Similar Questions

$10 \%$ discount and then $20 \%$ discount in succession is equivalent to total discount of…….$\%$

medium

The labelled price of a cupboard is $Rs$ $6500 .$ The shopkeeper sold it by giving $5 \%$ discount on the labelled price and earned a profit of $15 \% .$ What approximately is the cost price of the cupboard? (in $Rs.$)

hard

If a shopkeeper wants to give $20 \%$ discount on a toy, he has to sell it for $Rs.\,300.$ If he sells it at $Rs.\,405,$ then his gain percent is

medium

A person sells two articles, each for $Rs.\,1040.$ He incurs $20 \%$ loss on the first and $10 \%$ loss on the second. Find out overall percent loss.

medium

A man loses $20 \frac{1}{2} \%$ of his money and after spending $80 \%$ of the remainder, he is left with $Rs.\, 159 .$ How much did he have at first? (in $Rs.$)

easy