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Last year Mr. A bought two paintings. Th...

Last year Mr. A bought two paintings. This year he sold them for Rs 20,000 each. On one, he made a 25% profit and on the other he had a 25% loss. Then his net profit or loss is

A

He lost more than Rs 2700

B

He lost less than Rs 2700

C

He earned more than Rs 2900

D

He earned more than Rs 2500

Text Solution

Verified by Experts

The correct Answer is:
B
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GAGAN PRATAP -PROFIT & LOSS-Profit & Loss (Sheet-2)
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  2. A house and a shop were sold for Rs 2 lacs each, in this transaction, ...

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  3. Last year Mr. A bought two paintings. This year he sold them for Rs 20...

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  4. Two articles are sold for Rs.2508 each. On one, there is a gain of 14%...

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  5. A person sells an article at a profit of 12%. If he had purchased it f...

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  6. Two articles are sold for Rs. 4,752 each. One one, the seller gains 32...

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  7. Two articles are sold for rupees 10,384 each, the seller gains 18% ono...

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  8. Two vehicles are sold for Rs 1897 each. One is sold at a profit of 42....

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  9. Two articles A and B were sold at 4960 Rs & 3720 Rs respectively. A pr...

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  10. Three articles were sold at 18.18% loss, 20% profit and 14.28% profit ...

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  11. A man sells two articles for Rs 2695 each. He sells first article at 1...

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  12. A person sold two articles at Rs 6630 each. On the 1^(st) article, he ...

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  13. A man sells three articles X, Y and Z for Rs 2520 each. He sells artic...

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  14. Anil bought two articles A and B at a total cost of ₹ 10,000. He sold...

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  15. A shopkeeper sells a product at some loss. If he reduces the selling p...

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  16. A fruit-seller buys x guava for Rs y and sells y guavas for Rs x if x ...

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  17. A person bought some articles at 23 for Rs 20 and soldthem at the rate...

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  18. A person buys some articles at the rate of 15 for Rs 13 and sells all ...

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  19. Some fruits are bought at a rate of 11 for Rs.100 and an equal number ...

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  20. A shopkeeper bought certain number of pens at the rate of 20 Rs 60 and...

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