Q467
Shashi sells two articles for Rs. 5,000 each with no loss and no profit in the overall transaction. If one article is sold at 162/3\% loss, then other is sold at a profit of:
Shashi sells two articles for Rs. 5,000 each with no loss and no profit in the overall transaction. If one article is sold at loss, then other is sold at a profit of:
A.
25%
AnswerB.
24%
C.
D.
Answer: Option A
Solution
Answer: Option A
Solution:
\begin{array}{*{20}{c}} {}&{\text{I}}&{{\text{II}}} \\ {{\text{Cost price}} \to }&6&4 \\ {{\text{Loss/Profit}} \to }&{ - 1}&{ + 1} \\ {{\text{Selling price}} \to }&5&5 \end{array}