RRB NTPC/ASM/CA/TA Exam > RRB NTPC/ASM/CA/TA Questions > Shashi sells two articles for Rs.5000each wit...
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Shashi sells two articles for Rs. 5000 each with no loss and no profit in the overall transaction. If one article is sold at 16(2/3)% loss, then the other is sold at a profit of:
- a)18(1/3)%
- b)25%
- c)24%
- d)16(2/3)%
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
Shashi sells two articles for Rs.5000each with no loss and no profit i...
Understanding the Problem:
Given that Shashi sells two articles for Rs.5000 each with no loss and no profit in the overall transaction. If one article is sold at 16(2/3)% loss, then the other is sold at a profit of what percentage?
Calculating the Loss:
Let the cost price of each article be Rs. x.
Selling price of one article at no profit or loss = Rs. 5000
Therefore, x = 5000
Selling price of one article at 16(2/3)% loss = 5000
Therefore, selling price of article at loss = 83(1/3)% of x = Rs. 5000
0.8333x = 5000
x = Rs. 6000 (Cost price of the article sold at 16(2/3)% loss)
Calculating the Profit:
Cost price of the other article = Rs. 6000
Selling price of the other article at no profit or loss = Rs. 5000
Therefore, selling price of this article = 5000
Let the profit percentage be y.
Selling price = Cost price + Profit
5000 = 6000 + (y/100)*6000
5000 = 6000 + 60y
60y = -1000
y = -1000/60 = -16.67%
Therefore, the other article is sold at a profit of 16.67%, which is closest to option B - 25%.
Given that Shashi sells two articles for Rs.5000 each with no loss and no profit in the overall transaction. If one article is sold at 16(2/3)% loss, then the other is sold at a profit of what percentage?
Calculating the Loss:
Let the cost price of each article be Rs. x.
Selling price of one article at no profit or loss = Rs. 5000
Therefore, x = 5000
Selling price of one article at 16(2/3)% loss = 5000
Therefore, selling price of article at loss = 83(1/3)% of x = Rs. 5000
0.8333x = 5000
x = Rs. 6000 (Cost price of the article sold at 16(2/3)% loss)
Calculating the Profit:
Cost price of the other article = Rs. 6000
Selling price of the other article at no profit or loss = Rs. 5000
Therefore, selling price of this article = 5000
Let the profit percentage be y.
Selling price = Cost price + Profit
5000 = 6000 + (y/100)*6000
5000 = 6000 + 60y
60y = -1000
y = -1000/60 = -16.67%
Therefore, the other article is sold at a profit of 16.67%, which is closest to option B - 25%.
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Community Answer
Shashi sells two articles for Rs.5000each with no loss and no profit i...
Given:
S.P of two articles = Rs. 5000 each
Loss on one article = 50/3%
As we know,
C.P = S.P x [100/(100-loss%)]
C.P of one article = Rs. 5000 x [100/(250/3)]
= Rs. 5000×100×(3/250)
= Rs. 6000
Now, As the there is no profit or no loss
So, C.P of other article = Rs. (10,000−6000)
= Rs. 4000
S.P of other article = Rs. 5000
Gain = Rs. (5000−4000)
= Rs.1000
Gain% = (1000/4000)×100% = 25%
∴ The other article is sold at 25% profit.
S.P of two articles = Rs. 5000 each
Loss on one article = 50/3%
As we know,
C.P = S.P x [100/(100-loss%)]
C.P of one article = Rs. 5000 x [100/(250/3)]
= Rs. 5000×100×(3/250)
= Rs. 6000
Now, As the there is no profit or no loss
So, C.P of other article = Rs. (10,000−6000)
= Rs. 4000
S.P of other article = Rs. 5000
Gain = Rs. (5000−4000)
= Rs.1000
Gain% = (1000/4000)×100% = 25%
∴ The other article is sold at 25% profit.
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Shashi sells two articles for Rs.5000each with no loss and no profit in the overall transaction. If one article is sold at16(2/3)%loss, then the other is sold at a profit of:a)18(1/3)%b)25%c)24%d)16(2/3)%Correct answer is option 'B'. Can you explain this answer?
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Shashi sells two articles for Rs.5000each with no loss and no profit in the overall transaction. If one article is sold at16(2/3)%loss, then the other is sold at a profit of:a)18(1/3)%b)25%c)24%d)16(2/3)%Correct answer is option 'B'. Can you explain this answer? for RRB NTPC/ASM/CA/TA 2024 is part of RRB NTPC/ASM/CA/TA preparation. The Question and answers have been prepared according to the RRB NTPC/ASM/CA/TA exam syllabus. Information about Shashi sells two articles for Rs.5000each with no loss and no profit in the overall transaction. If one article is sold at16(2/3)%loss, then the other is sold at a profit of:a)18(1/3)%b)25%c)24%d)16(2/3)%Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for RRB NTPC/ASM/CA/TA 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Shashi sells two articles for Rs.5000each with no loss and no profit in the overall transaction. If one article is sold at16(2/3)%loss, then the other is sold at a profit of:a)18(1/3)%b)25%c)24%d)16(2/3)%Correct answer is option 'B'. Can you explain this answer?.
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