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    Question

    Shashi sells two articles for Rs.25000 each with no loss

    and no profit in the overall transaction. If one article is sold at 16(2/3)% loss, then the other is sold at a profit of:
    A 25% Correct Answer Incorrect Answer
    B 24% Correct Answer Incorrect Answer
    C 16(2/3)% Correct Answer Incorrect Answer
    D 18(1/3)% Correct Answer Incorrect Answer

    Solution

    C.P of one article = Rs. 25000 ×  [100/(250/3)] => Rs. 25000 ×  100 ×  (3/250) => Rs. 30000 Now, As the there is no profit or no loss So, C.P of other article = Rs. (50,000 - 30000) = Rs. 20000 S.P of other article = Rs. 25000 Gain = Rs. (25000 - 20000) = Rs. 5000 Gain% = (5000/20000) ×  100% = 25%

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