SSC CGL Exam  >  SSC CGL Questions  >  A shopkeeper sold two articles for 9831 each... Start Learning for Free
A shopkeeper sold two articles for ₹ 9831 each. On one he gained 13% and on the other, he lost 13%. What is the 43 overall percentage gain or loss?    (SSC Sub. Ins. 2018 )
  • a)
    1.69% gain
  • b)
    6.5% gain
  • c)
    1.69% loss
  • d)
    6.5% loss
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
A shopkeeper sold two articles for 9831 each. On one he gained 13% an...
To find the overall percentage gain or loss, we need to calculate the net gain or loss on the two articles and then express it as a percentage of the cost price.

Let's assume the cost price of the first article is x.

Given that the shopkeeper gained 13% on the first article, the selling price of the first article will be:
Selling price = Cost price + Gain
Selling price = x + (13/100)x
Selling price = x + 0.13x
Selling price = 1.13x

Given that the shopkeeper sold the first article for 9831, we can equate the selling price to 9831:
1.13x = 9831
x = 9831/1.13
x ≈ 8700

So, the cost price of the first article is approximately 8700.

Now let's assume the cost price of the second article is y.

Given that the shopkeeper lost 13% on the second article, the selling price of the second article will be:
Selling price = Cost price - Loss
Selling price = y - (13/100)y
Selling price = y - 0.13y
Selling price = 0.87y

Given that the shopkeeper sold the second article for 9831, we can equate the selling price to 9831:
0.87y = 9831
y = 9831/0.87
y ≈ 11300

So, the cost price of the second article is approximately 11300.

Now, let's calculate the total cost price and total selling price:

Total cost price = Cost price of first article + Cost price of second article
Total cost price = 8700 + 11300
Total cost price = 20000

Total selling price = Selling price of first article + Selling price of second article
Total selling price = 9831 + 9831
Total selling price = 19662

Now, let's calculate the net gain or loss:

Net gain or loss = Total selling price - Total cost price
Net gain or loss = 19662 - 20000
Net gain or loss = -338

Since the net gain or loss is negative, it means there is an overall loss.

Now, let's calculate the overall percentage gain or loss:

Overall percentage gain or loss = (Net gain or loss / Total cost price) * 100
Overall percentage gain or loss = (-338 / 20000) * 100
Overall percentage gain or loss ≈ -1.69%

Therefore, the overall percentage gain or loss is approximately 1.69% loss, which corresponds to option C.
Free Test
Community Answer
A shopkeeper sold two articles for 9831 each. On one he gained 13% an...
Cost price of first article = 
On which gain is 13%
Cost price of second article 
Total cost price of two article = 8700 + 11300 = 20000
Total selling price of two article = 9831 + 9831 = 19662
Overall loss = 20000 – 19662 = 338
Explore Courses for SSC CGL exam

Top Courses for SSC CGL

A shopkeeper sold two articles for 9831 each. On one he gained 13% and on the other, he lost 13%. What is the 43 overall percentage gain or loss? (SSC Sub. Ins. 2018 )a)1.69% gainb)6.5% gainc)1.69% lossd)6.5% lossCorrect answer is option 'C'. Can you explain this answer?
Question Description
A shopkeeper sold two articles for 9831 each. On one he gained 13% and on the other, he lost 13%. What is the 43 overall percentage gain or loss? (SSC Sub. Ins. 2018 )a)1.69% gainb)6.5% gainc)1.69% lossd)6.5% 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 shopkeeper sold two articles for 9831 each. On one he gained 13% and on the other, he lost 13%. What is the 43 overall percentage gain or loss? (SSC Sub. Ins. 2018 )a)1.69% gainb)6.5% gainc)1.69% lossd)6.5% 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 shopkeeper sold two articles for 9831 each. On one he gained 13% and on the other, he lost 13%. What is the 43 overall percentage gain or loss? (SSC Sub. Ins. 2018 )a)1.69% gainb)6.5% gainc)1.69% lossd)6.5% lossCorrect answer is option 'C'. Can you explain this answer?.
Solutions for A shopkeeper sold two articles for 9831 each. On one he gained 13% and on the other, he lost 13%. What is the 43 overall percentage gain or loss? (SSC Sub. Ins. 2018 )a)1.69% gainb)6.5% gainc)1.69% lossd)6.5% lossCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for SSC CGL. Download more important topics, notes, lectures and mock test series for SSC CGL Exam by signing up for free.
Here you can find the meaning of A shopkeeper sold two articles for 9831 each. On one he gained 13% and on the other, he lost 13%. What is the 43 overall percentage gain or loss? (SSC Sub. Ins. 2018 )a)1.69% gainb)6.5% gainc)1.69% lossd)6.5% lossCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A shopkeeper sold two articles for 9831 each. On one he gained 13% and on the other, he lost 13%. What is the 43 overall percentage gain or loss? (SSC Sub. Ins. 2018 )a)1.69% gainb)6.5% gainc)1.69% lossd)6.5% lossCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for A shopkeeper sold two articles for 9831 each. On one he gained 13% and on the other, he lost 13%. What is the 43 overall percentage gain or loss? (SSC Sub. Ins. 2018 )a)1.69% gainb)6.5% gainc)1.69% lossd)6.5% lossCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of A shopkeeper sold two articles for 9831 each. On one he gained 13% and on the other, he lost 13%. What is the 43 overall percentage gain or loss? (SSC Sub. Ins. 2018 )a)1.69% gainb)6.5% gainc)1.69% lossd)6.5% lossCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A shopkeeper sold two articles for 9831 each. On one he gained 13% and on the other, he lost 13%. What is the 43 overall percentage gain or loss? (SSC Sub. Ins. 2018 )a)1.69% gainb)6.5% gainc)1.69% lossd)6.5% lossCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice SSC CGL tests.
Explore Courses for SSC CGL exam

Top Courses for SSC CGL

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev