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AFCAT II 2015 Solved Paper
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© examsnet.com
Question : 61
Total: 100
Anmol sold two items for ₹ 1000 each. On one he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?
profit 0.95%
loss 1%
profit 10%
loss 10%
Validate
Solution:
Cost price of item where Anmol gained 10% is =
1000
1.1
=
10000
11
₹
Cost price of item where Anmol lost 10% is =
1000
0.9
=
10000
9
₹
Amount Anmol received is = 1000 + 1000 = 2000 ₹
Amount Anmol paid is =
10000
11
+
10000
9
=
10000
×
20
99
₹
Profit or loss % =
(
1
−
100
99
100
99
)
×
100
=
−
1
%
(–ve sign represents the loss)
© examsnet.com
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