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DIRECTIONS: Choose the most appropriate answer:
Q. Anmol sold two items for Rs 1000 each. On one he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?
- a)profit 0.95%
- b)loss 1%
- c)profit 10%
- d)loss 10%
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
DIRECTIONS: Choose the most appropriate answer:Q.Anmol sold two items ...
Cost price of item where Anmol gained 10% is = 1000/1.1 = 10000/11 Rs
Cost price of item where Anmol lost 10% is = 1000/0.9 = 10000/9 Rs
Amount Anmol received is = 1000 + 1000 = 2000 Rs
Amount Anmol paid is
(–ve sign represents the loss)
Cost price of item where Anmol lost 10% is = 1000/0.9 = 10000/9 Rs
Amount Anmol received is = 1000 + 1000 = 2000 Rs
Amount Anmol paid is
(–ve sign represents the loss)
Most Upvoted Answer
DIRECTIONS: Choose the most appropriate answer:Q.Anmol sold two items ...
Profit and Loss Calculation
Anmol sold two items for Rs 1000 each, one with a 10% profit and the other with a 10% loss. Let's calculate the profit and loss in each item.
Profit:
- Selling price of the item = Rs 1000
- Profit percentage = 10%
- Profit = (Profit percentage/100) x Selling price
- Profit = (10/100) x 1000
- Profit = Rs 100
Loss:
- Selling price of the item = Rs 1000
- Loss percentage = 10%
- Loss = (Loss percentage/100) x Selling price
- Loss = (10/100) x 1000
- Loss = Rs 100
Total Profit/Loss:
As Anmol gained Rs 100 on one item and lost Rs 100 on the other, the total profit/loss would be:
- Total Profit/Loss = Profit - Loss
- Total Profit/Loss = Rs 100 - Rs 100
- Total Profit/Loss = Rs 0
Therefore, Anmol did not gain or lose any money in the whole transaction. Hence, option B (loss 1%) is the correct answer.
Anmol sold two items for Rs 1000 each, one with a 10% profit and the other with a 10% loss. Let's calculate the profit and loss in each item.
Profit:
- Selling price of the item = Rs 1000
- Profit percentage = 10%
- Profit = (Profit percentage/100) x Selling price
- Profit = (10/100) x 1000
- Profit = Rs 100
Loss:
- Selling price of the item = Rs 1000
- Loss percentage = 10%
- Loss = (Loss percentage/100) x Selling price
- Loss = (10/100) x 1000
- Loss = Rs 100
Total Profit/Loss:
As Anmol gained Rs 100 on one item and lost Rs 100 on the other, the total profit/loss would be:
- Total Profit/Loss = Profit - Loss
- Total Profit/Loss = Rs 100 - Rs 100
- Total Profit/Loss = Rs 0
Therefore, Anmol did not gain or lose any money in the whole transaction. Hence, option B (loss 1%) is the correct answer.
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DIRECTIONS: Choose the most appropriate answer:Q.Anmol sold two items for Rs 1000 each. On one he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?a)profit 0.95%b)loss 1%c)profit 10%d)loss 10%Correct answer is option 'B'. Can you explain this answer?
Question Description
DIRECTIONS: Choose the most appropriate answer:Q.Anmol sold two items for Rs 1000 each. On one he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?a)profit 0.95%b)loss 1%c)profit 10%d)loss 10%Correct answer is option 'B'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about DIRECTIONS: Choose the most appropriate answer:Q.Anmol sold two items for Rs 1000 each. On one he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?a)profit 0.95%b)loss 1%c)profit 10%d)loss 10%Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for DIRECTIONS: Choose the most appropriate answer:Q.Anmol sold two items for Rs 1000 each. On one he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?a)profit 0.95%b)loss 1%c)profit 10%d)loss 10%Correct answer is option 'B'. Can you explain this answer?.
DIRECTIONS: Choose the most appropriate answer:Q.Anmol sold two items for Rs 1000 each. On one he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?a)profit 0.95%b)loss 1%c)profit 10%d)loss 10%Correct answer is option 'B'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about DIRECTIONS: Choose the most appropriate answer:Q.Anmol sold two items for Rs 1000 each. On one he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?a)profit 0.95%b)loss 1%c)profit 10%d)loss 10%Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for DIRECTIONS: Choose the most appropriate answer:Q.Anmol sold two items for Rs 1000 each. On one he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?a)profit 0.95%b)loss 1%c)profit 10%d)loss 10%Correct answer is option 'B'. Can you explain this answer?.
Solutions for DIRECTIONS: Choose the most appropriate answer:Q.Anmol sold two items for Rs 1000 each. On one he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?a)profit 0.95%b)loss 1%c)profit 10%d)loss 10%Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Defence.
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