Multiple choice

A trader sells two cycles at Rs 1,188 each and gains 10% on the first and loss 10% on the second.What is the profit or loss percent on the whole? एक व्यापारी दो साइकिलें प्रत्येक 1,188 में बेचता है और पहली पर 10% का लाभ तथा दूसरी पर 10% की हानि उठाता है। कुल पर लाभ या हानि का प्रतिशत कितना है?

  1. 1% loss/हानि

  2. 1% gain/लाभ

  3. No loss no gain/न हानि न लाभ

  4. 2% loss/हानि
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

When same selling price with x% gain and x% loss, there is always x^2/100% loss overall. Here x=10, so loss = 100/100 = 1%. Option B is correct. Alternatively: For first cycle, CP = 1188/1.1 = 1080. For second, CP = 1188/0.9 = 1320. Total CP = 2400, total SP = 2376, loss = 24/2400 = 1%.

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