Question

A person sold two almirah for Rs. 1,980 each. On one he gained 10% while on other he lost 10%. In the bargain he

• A. gained 2%
• B. lost 1%
• C. gained 10%
• D. none of these

Answer 1

The correct option is B lost 1%

S.P of two almirah=$1980\times 2=Rs.3960$

If he gained 10% then the cost price of that almirah=$\frac{100}{100+10}\times 1980=Rs.1800$

If he lost 10% then the cost price of that almirah=$\frac{90}{100}\times 1980=Rs.2200$

C.P of two almirah=$1800+2200=Rs.4000$

$\therefore loss=4000-3960=Rs.40$

Loss %=$\frac{loss}{C.P}\times 100=\frac{40}{4000}\times 100=1$%