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

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7.Profit and Loss

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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

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