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SSC Sample Paper Mock Test-19 SSC CGL Tear-II Paper-1

  • question_answer
    A trader sells two articles at Rs. 6000 each. He makes a profit of 20% in the sale of the first article and a loss of 20% in the sale of the second article. What is his net gain or loss per cent?

    A) 5% gain

    B)  4% gain

    C)  5% loss

    D)  4% loss

    Correct Answer: D

    Solution :

    Rule When the SP of each of the two items be the same and on selling one of them there is x% loss and on the other there is a gain of x%, then there is always a loss given by = x% of \[x=\frac{{{x}^{2}}}{100}\] \[\therefore \]      Loss per cant \[=\frac{20\times 20}{100}=4%\]


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