Question 115

A trader sells two articles for Rs 14784 each. If he gains 12% on one and losses 12% on other, then what is the value (in Rs) of the loss?

Solution

Selling price of each article = Rs. 14,784

Profit % on one article = 12%

=> Cost price of first article = $$\frac{14784}{(100+12)}\times100$$

= $$\frac{14784}{1.12}=Rs.$$ $$13,200$$

Similarly, cost price of second article = $$\frac{14784}{(100-12)}\times100$$

= $$\frac{14784}{0.88}=Rs.$$ $$16,800$$

Thus, total cost price = $$13,200+16,800=Rs.$$ $$30,000$$

Total selling price = $$14,784+14,784=Rs.$$ $$29,568$$

$$\therefore$$ Total loss = $$30,000-29,568=Rs.$$ $$432$$

=> Ans - (C)


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