A shopkeeper purchases two items for Rs. 520. One of them is sold gai…

Question

A shopkeeper purchases two items for Rs. 520. One of them is sold gaining 16% and the other at a loss of 10%, thus making no profit or loss. What is the selling price of the item sold at loss ?

Accepted Answer

Option A. Rs. 288. Answer & Solution Answer: Option A Solution: Let the price of 1st item is x Then for 2nd 520 - x Profit and loss of both items are same Then, & x × 16100 - ( 520 - x ) × 10100 = 0 & 16x = ( 520 - x )10 & 26x = 5200 & x = 200 & CP = 520 - 200 & \,\,\,\,\,\,\,\,\,\,\, = 320 & SP =…