Question
A person buys 2 items for ₹300 each. He sells one at a
profit of 10% and the other at a loss of 10%. What is the overall gain or loss percentage?Solution
Profit on the first item = 10% of ₹300 = ₹30, Selling price of the first item = ₹300 + ₹30 = ₹330. Loss on the second item = 10% of ₹300 = ₹30, Selling price of the second item = ₹300 - ₹30 = ₹270. Total selling price = ₹330 + ₹270 = ₹600. Total cost price = ₹300 + ₹300 = ₹600. No overall profit or loss. Answer: a) No profit, no loss.
Who among the following is the author of “Principles of Political Economy”?
Which one of the following States of India has maximum area of saline soil?
Who won the Major Dhyan Chand Khel Ratna Award 2021 in Para Shooting discipline?
Indira Gandhi Urban Employment Guarantee Scheme was launched by the Government of _____ state.
Which of the following causative agents causes the disease Ebola?
Which of the following statements are INCORRECT?
1) The Original Jurisdiction establishes the Supreme Court as an umpire in all disputes regardin...
Which bank is associated with the “Lakhpati Didi” scheme?
The Indian Constitution has established _________.
India became a member of the UN Statistical Commission starting from 1st January 2024. For how many years will India serve in this term?
In which year were the Banking Ombudsman and the Ombudsman Scheme for Digital Transactions first introduced?
