Selected MCQ

Current Question
A man buys two articles at Rs. 1980 each. He gains 10% on one and loses 10% on the other. What is the net result?
  • A. 1% gain
  • B. 1% loss
  • C. 10% loss
  • D. No gain or loss
Correct Answer: A
Explanation:
Equal gain/loss results in a net gain of 1%.
Related Question 1
A shopkeeper buys two items for Rs. 1000 each and sells both at the same price. He gains 10% on one and loses 10% on the other. Result is ____.
  • A. Neither profit nor loss
  • B. 1%
  • C. 2%
  • D. 3%
Correct Answer: A
Explanation:
Equal gain/loss cancels out.
Related Question 2
A man sells two articles at Rs. 3600 each, gaining 30% on one and losing 30% on the other. What is the net result?
  • A. 9% loss
  • B. 400
  • C. 4000
  • D. 324
Correct Answer: A
Explanation:
Equal % gain/loss leads to a net loss of 9%.
Related Question 3
A man buys two books for Rs. 480, one sold at 15% loss and the other at 19% gain. Find the net result.
  • A. Rs. 28
  • B. Rs. 280
  • C. Rs. 140
  • D. Rs. 70
Correct Answer: B
Explanation:
Net gain equals Rs. 280.
Related Question 4
A horse and a cow are each sold for Rs. 12000. The horse incurs 20% loss, and the cow gains 20%. What is the overall result?
  • A. No profit, no loss
  • B. Loss of Rs. 1000
  • C. Gain of Rs. 1000
  • D. Gain of Rs. 2000
Correct Answer: B
Explanation:
Unequal base cost results in a net loss of Rs. 1000.
Related Question 5
Two automobiles 150 km apart move toward each other. Time to meet is ____.
  • A. 2.5 hr
  • B. 2 hr
  • C. 1.75 hr
  • D. 1.5 hr
Correct Answer: D
Explanation:
Relative speed method.