Question:
A person sold two different items at the same price. He made 10% profit in one item and 10% loss in the other item. In, selling the person made a total of
A person sold two different items at the same price. He made 10% profit in one item and 10% loss in the other item. In, selling the person made a total of
Updated On: Oct 3, 2024
- 2% loss
- 2% profit
- 1% loss
- 1% profit
Hide Solution
Verified By Collegedunia
The Correct Option is C
Solution and Explanation
The correct option is(C): 1% loss
Was this answer helpful?
2
9
Top Questions on Profit and Loss
- FS food stall sells only chicken biryani. If FS fixes a selling price of Rs. 160 per plate, 300 plates of biriyani are sold. For each increase in the selling price by Rs. 10 per plate, 10 fewer plates are sold. Similarly, for each decrease in the selling price by Rs. 10 per plate, 10 more plates are sold. FS incurs a cost of Rs. 120 per plate of biriyani, and has decided that the selling price will never be less than the cost price. Moreover, due to capacity constraints, more than 400 plates cannot be produced in a day.
If the selling price on any given day is the same for all the plates and can only be a multiple of Rs. 10, then what is the maximum profit that FS can achieve in a day? - The cost of running a movie theatre is Rs. 10,000 per day, plus additional Rs. 5000 per show. The theatre has 200 seats. A new movie released on Friday. There were three shows, where the ticket price was Rs. 250 each for the first two shows and Rs. 200 for the late-night show.
For all shows together, total occupancy was 80%. What was the maximum amount of profit possible? - Gopi marks a price on a product in order to make 20% profit. Ravi gets 10% discount on this marked price, and thus saves Rs 15. Then, the profit, in rupees, made by Gopi by selling the product to Ravi, is
- CAT - 2024
- Quantitative Aptitude
- Profit and Loss
- Bina incurs 19% loss when she sells a product at Rs. 4860 to Shyam, who in turn sells this product to Hari. If Bina would have sold this product to Shyam at the purchase price of Hari, she would have obtained 17% profit. Then, the profit, in rupees, made by Shyam is
- CAT - 2024
- Quantitative Aptitude
- Profit and Loss
- The selling price of a product is fixed to ensure 40% profit. If the product had cost 40% less and had been sold for 5 rupees less, then the resulting profit would have been 50%. The original selling price, in rupees, of the product is
- CAT - 2024
- Quantitative Aptitude
- Profit and Loss
View More Questions
Questions Asked in GATE CS exam
- A cube is to be cut into 8 pieces of equal size and shape Here each cut should be straight and it should not stop till it reaches the other end of the cube The minimum number of such cuts required?
- GATE CS - 2024
- Numerical Estimation
- Consider a disk with the following specifications: rotation speed of 6000 RPM, average seek time of 5 ms, 500 sectors/track, 512 B sectors. A file has content stored in 3000 sectors located randomly on the disk. Assuming average rotational latency, the total time (in secs, rounded to 2 places) to read the entire file from the disk is?
- GATE CS - 2024
- Numerical Ability
- A processor with 16 GPR's uses a 32-bits instruction format. The instruction format consists of an op-code field, an addressing mode field, register operand fields, and a 16-bit scalar operand field. If 8 addressing modes are to be supported, the max. number of unique op-codes possible for every addressing mode is_______
- GATE CS - 2024
- Numerical Ability
- log \([\frac{x+y}{2}]=\frac{1}{2}\) (log x+log y) the value of \(\frac{x}{y}+\frac{y}{x}\) is
- GATE CS - 2024
- Numerical Ability
- The value of x in given series is
6, 9, 14, x, 30, 41- GATE CS - 2024
- Numerical Ability
View More Questions