Practice30Create account

A man sells two articles for ₹1200 each. On one he gains 20% and on the other he loses 20%. What is his overall loss (in ₹)?

Competition practiceProfit, Loss & Discount
  • A120
  • B96
  • C0
  • D100

Step-by-Step Solution

Cost of first = 1200/1.2 = 1000, cost of second = 1200/0.8 = 1500. Total cost = 2500, total sale = 2400, so loss = 100.
Answer: D) 100

Master this topic in 30 minutes a day.

Don't just memorise the answer — build a daily practice habit.

Practice 5 Similar Questions Free →

All Profit, Loss & Discount practice questions

More Profit, Loss & Discount practice

A invests ₹6000 for the whole year. B joins with ₹8000 after 3 months. In what ratio…In what ratio must water be mixed with milk so that by selling the mixture at the cost…A shopkeeper buys an article for ₹800 and marks it 40% above the cost price. He then…Farhan sells two second-hand cycles for ₹1,500 each, gaining 25% on one and losing 25%…A shopkeeper allows a discount of 10% on the marked price of an article and still gains…