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A man sells two articles at Rs. 1710. He sells first article at 10% loss while earn 20% on second. If C.P. of first article is equals to S.P. of second article. Find his profit or loss on overall?
  • a)
    90 profit
  • b)
    90 loss
  • c)
    60 profit
  • d)
    60 loss
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
A man sells two articles at Rs. 1710. He sells first article at 10% lo...
Solution:

Let the cost price of the first article be CP1 and the selling price of the second article be SP2.

Given, CP1 = SP2

Also, the man sells the first article at a 10% loss, which means the selling price of the first article is 90% of its cost price.

Therefore, the selling price of the first article can be calculated as follows:
SP1 = 90% of CP1
SP1 = 0.9CP1

The man earns a 20% profit on the second article, which means the selling price of the second article is 120% of its cost price.

Therefore, the selling price of the second article can be calculated as follows:
SP2 = 120% of CP2
SP2 = 1.2CP2

The total selling price of both the articles is given as Rs. 1710.
Therefore,
SP1 + SP2 = 1710
0.9CP1 + 1.2CP2 = 1710
CP1 + 4/3 CP2 = 1900 ...(i)

Also, given that CP1 = SP2
Substituting this in equation (i), we get:
5/3 CP2 = 1900
CP2 = 1140

Substituting the value of CP2 in equation (i), we get:
CP1 = 760

The total cost price of both the articles is:
CP1 + CP2 = 760 + 1140 = Rs. 1900

The total selling price is Rs. 1710. Therefore, the man incurs a loss of Rs. 190.

Hence, the correct option is (C) Rs. 60 profit.
Free Test
Community Answer
A man sells two articles at Rs. 1710. He sells first article at 10% lo...

Total CP = 30x + 25x
=55x
Profit = 57x–55x=2x=2×30
= 60 Rs.
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A man sells two articles at Rs. 1710. He sells first article at 10% loss while earn 20% on second. If C.P. of first article is equals to S.P. of second article. Find his profit or loss on overall?a)90 profitb)90 lossc)60 profitd)60 lossCorrect answer is option 'C'. Can you explain this answer?
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A man sells two articles at Rs. 1710. He sells first article at 10% loss while earn 20% on second. If C.P. of first article is equals to S.P. of second article. Find his profit or loss on overall?a)90 profitb)90 lossc)60 profitd)60 lossCorrect answer is option 'C'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about A man sells two articles at Rs. 1710. He sells first article at 10% loss while earn 20% on second. If C.P. of first article is equals to S.P. of second article. Find his profit or loss on overall?a)90 profitb)90 lossc)60 profitd)60 lossCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A man sells two articles at Rs. 1710. He sells first article at 10% loss while earn 20% on second. If C.P. of first article is equals to S.P. of second article. Find his profit or loss on overall?a)90 profitb)90 lossc)60 profitd)60 lossCorrect answer is option 'C'. Can you explain this answer?.
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