A dealer sold two of his cattle for Rs. 500 each. On one of them he lost 10% on the other, he gained 10%. His gain or loss percent in the entire transaction was:
A) 10% loss
B) 1% loss
C) 1% gain
D) Neither loss nor profit
Answer: B) 1% loss
Explanation:
Loss%= (common gain or loss % / 10)2 = (10/10)² % = 1%.
A shopkeeper purchased 10 boxes of pencils containing 10 pencils each at Rs. 100 per box and sold each pencil at a profit 12%. What is the total sale price?
The marked price of a calculator is Rs 750. It is sold at a discount of 22%. If the cost price of the calculator is Rs 500, then what is the profit (in Rs)?