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A man sells two articles for 5000 each n...

A man sells two articles for 5000 each neither losing nor gaining in the deal. If he sold one of them at a gain of 25%, the other article is sold at a loss of

A

1. 15 `2/3` %

B

2. 16 `2/3` %

C

3. 17 `1/3` %

D

4. 18 `1/3` %

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The correct Answer is:
To solve the problem step by step, we will follow the reasoning outlined in the video transcript. ### Step-by-Step Solution: 1. **Understanding the Total Selling Price**: The man sells two articles for ₹5000 each. Therefore, the total selling price (SP) for both articles is: \[ SP = 5000 + 5000 = 10000 \] Since he neither gains nor loses in the deal, the total cost price (CP) of both articles is also ₹10000. 2. **Identifying the Cost Price of Each Article**: Let the cost price of the first article be \( CP_1 \) and the second article be \( CP_2 \). We know: \[ CP_1 + CP_2 = 10000 \] 3. **Calculating the Selling Price of the First Article**: The first article is sold at a gain of 25%. This means: \[ SP_1 = CP_1 + 0.25 \times CP_1 = 1.25 \times CP_1 \] Given that \( SP_1 = 5000 \): \[ 1.25 \times CP_1 = 5000 \] To find \( CP_1 \): \[ CP_1 = \frac{5000}{1.25} = 4000 \] 4. **Finding the Cost Price of the Second Article**: Now, using the total cost price: \[ CP_1 + CP_2 = 10000 \] Substituting \( CP_1 \): \[ 4000 + CP_2 = 10000 \] Therefore: \[ CP_2 = 10000 - 4000 = 6000 \] 5. **Calculating the Loss on the Second Article**: Since the first article was sold at a profit of ₹1000 (because \( SP_1 - CP_1 = 5000 - 4000 = 1000 \)), the second article must be sold at a loss of ₹1000 to ensure there is no overall profit or loss. 6. **Finding the Selling Price of the Second Article**: The selling price of the second article (SP_2) is: \[ SP_2 = CP_2 - \text{Loss} = 6000 - 1000 = 5000 \] 7. **Calculating the Loss Percentage**: The loss incurred on the second article is ₹1000. To find the loss percentage: \[ \text{Loss Percentage} = \left( \frac{\text{Loss}}{CP_2} \right) \times 100 = \left( \frac{1000}{6000} \right) \times 100 \] Simplifying this: \[ \text{Loss Percentage} = \frac{1}{6} \times 100 = 16.67\% \] This can also be expressed as \( 16 \frac{2}{3}\% \). ### Final Answer: The other article is sold at a loss of **16 2/3%**.
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