Arithmetichard · Past Paper

A man sells two pipes at Rs. 12 each. On one he gains 20% and on other he loses 20%. In the whole transaction there is?

ALoss of Rs. 1
BGain of Rs. 1
CNo profit no loss
DLoss of Rs. 2

✓ Correct Answer: ALoss of Rs. 1

CP1 = 12/1.2 = 10. CP2 = 12/0.8 = 15. Total CP = 25. Total SP = 24. Loss = 1.

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