Home
Class 14
MATHS
A man sold two articles for 1.200 each. ...

A man sold two articles for 1.200 each. In one. he gained 20% and on the other, he lost 20%. His total loss was-

A

₹ 400

B

₹ 300

C

₹ 200

D

₹ 100

Text Solution

AI Generated Solution

The correct Answer is:
To find the total loss incurred by the man who sold two articles for 1,200 each, we can follow these steps: ### Step 1: Calculate the Cost Price of Article 1 The selling price (SP) of Article 1 is 1,200, and he gained a profit of 20%. Using the formula for selling price with profit: \[ SP = CP + \text{Profit} = CP + \left(\frac{20}{100} \times CP\right) = CP \left(1 + \frac{20}{100}\right) = CP \left(\frac{120}{100}\right) = CP \left(\frac{6}{5}\right) \] Setting the selling price equal to 1,200: \[ 1200 = CP \left(\frac{6}{5}\right) \] Now, solving for the cost price (CP): \[ CP = 1200 \times \frac{5}{6} = 1000 \] ### Step 2: Calculate the Cost Price of Article 2 The selling price (SP) of Article 2 is also 1,200, but he incurred a loss of 20%. Using the formula for selling price with loss: \[ SP = CP - \text{Loss} = CP - \left(\frac{20}{100} \times CP\right) = CP \left(1 - \frac{20}{100}\right) = CP \left(\frac{80}{100}\right) = CP \left(\frac{4}{5}\right) \] Setting the selling price equal to 1,200: \[ 1200 = CP \left(\frac{4}{5}\right) \] Now, solving for the cost price (CP): \[ CP = 1200 \times \frac{5}{4} = 1500 \] ### Step 3: Calculate Total Cost Price Now, we can find the total cost price of both articles: \[ \text{Total CP} = CP_{Article 1} + CP_{Article 2} = 1000 + 1500 = 2500 \] ### Step 4: Calculate Total Selling Price The total selling price of both articles is: \[ \text{Total SP} = SP_{Article 1} + SP_{Article 2} = 1200 + 1200 = 2400 \] ### Step 5: Calculate Total Loss Finally, we can calculate the total loss: \[ \text{Total Loss} = \text{Total CP} - \text{Total SP} = 2500 - 2400 = 100 \] Thus, the total loss incurred by the man is **100 rupees**. ---
Promotional Banner

Topper's Solved these Questions

  • PRACTICE SET-3

    UPKAR PUBLICATION |Exercise PART-III QUANTIATIVE APTITUTE|50 Videos
  • PRACTICE SET-5

    UPKAR PUBLICATION |Exercise PART-III (QUANTITIVE QPTITUDE)|50 Videos

Similar Questions

Explore conceptually related problems

A man sold two chairs for Rs. 500 each. On one he gains 20% and on the other he loses 12% His net gain or loss per cent is

A man sells two articles for Rs.240 each.On one he gains 20% and on the other he loses 20%. What is the gain or loss percent in the entire transaction? 1%ga in b.2%backslash loss c.4%backslash ga in d.4%backslash loss

Abhi sold two articles for Rs. 5,220 each. On one, he gained 16% and one the other, he lost Rs. 105. His profit or loss on the whole was:

A man sold two radias at₹4800 each. On one he gains 20% and on the other he loses 20%.Find the gain or loss per cent in the whole transaction.

UPKAR PUBLICATION -PRACTICE SET-4-PART-III QUANTATIVE APTITUDE
  1. A man sells a bicycle at a gain of 10%.If he had bought it at 10% less...

    Text Solution

    |

  2. If the selling price of 10 articles is equal to the cost price of 15 a...

    Text Solution

    |

  3. A man sold two articles for 1.200 each. In one. he gained 20% and on t...

    Text Solution

    |

  4. 70% of the students in a school are boys and the number of girls is 50...

    Text Solution

    |

  5. A rebate of 7.5% is allowed if an electric bill is paid in due time. A...

    Text Solution

    |

  6. The number of seconds taken by a 500 m. long train with speed 63 km pe...

    Text Solution

    |

  7. A train X leaves Howrah at 6 a.m. and reaches Asansol at 10 a.m. Anoth...

    Text Solution

    |

  8. In what time will Rs 8,000 at 3 % per annum, produces the same interse...

    Text Solution

    |

  9. A man borrows some money at 3% simple interest per annum and lends it ...

    Text Solution

    |

  10. The adjoining pie-chart represents the proposed outlay of the fifth fi...

    Text Solution

    |

  11. The adjoining pie-chart represents the proposed outlay of the fifth fi...

    Text Solution

    |

  12. The marked price is 20% higher than cast price. A discount of 20% is g...

    Text Solution

    |

  13. A chair listed at Rs. 350 is available at successive discounts of 25% ...

    Text Solution

    |

  14. A tradesman marks his goods at such a price that after allowing a disc...

    Text Solution

    |

  15. In two types of stainless steel, the ratio of chromium and steel are 2...

    Text Solution

    |

  16. A sum of X 7000 is divided among A,B and C in such a way that the shar...

    Text Solution

    |

  17. Tea worth Rs 126 per kg and Rs 135 per kg are mixed with a third varie...

    Text Solution

    |

  18. In the afternoon , a student read 100 pages at the rate of 60 pages/h ...

    Text Solution

    |

  19. The mean weight of 34 students of a school is 42kg . If the weight of ...

    Text Solution

    |

  20. A cricketer has a mean score of 60 runs in 10 innings. Find out how ma...

    Text Solution

    |