Just a second!!

Algebra Level 3

If a shopkeeper sells two of his articles at Rs. 1200 each. One one he gains 20% while on the other incurs a loss of 20%. What happened thereafter??

Neither profit nor loss gain of Rs.100 loss of 50 and gain of 100 loss of Rs.100

2 solutions

Rajarshi Chatterjee
Nov 16, 2014

IT should not have been a level 4 problem i sloved these routinely i class 5/standard 5.

i agree with you

Mardokay Mosazghi - 6 years, 4 months ago

Jaiveer Shekhawat
Nov 14, 2014

S.P of first article = 1200 = 100% of x + 20%of x

1200 = $\frac{120}{100}$ .(x)

Therefore,

C.P of first article = 1000

S.P of second article = 1200 = 100% of x - 20%of x

1200 = $\frac{80}{100}$ .(x)

Therefore,

C.P of second article = 1500

Total C.P = 2500

Total S.P = 2400

Thus, incurred a loss of $\huge{Rs.100}$