A shopkeeper buys two articles for Rs.1000 each and then sells them, making 20% profit on the first article and 20% loss on second article. Find the net profit or loss percent?

Related Mcqs:

1. A shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net profit or loss that he makes?

   A. neither profit nor loss
   B. 3%
   C. 5%
   D. 4%

2. A shopkeeper buys mangoes at the rate of 4 a rupee and sells them at 3 a rupee. Find his net profit or loss percent?

   A. 20%
   B. 28%
   C. 33 1/3 %
   D. 35 2/7 %

3. A shopkeeper sells 20% of his stock at 10% profit ans sells the remaining at a loss of 5%. He incurred an overall loss of Rs. 400. Find the total worth of the stock?

   A. Rs. 25000
   B. Rs. 20000
   C. Rs. 15000
   D. Rs. 22000
   E. None of these

4. A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________?

   A. Rs. 15
   B. Rs. 16
   C. Rs. 17
   D. Rs. 18

5. Aleem buys 4 horses and 9 cows for Rs. 13,400. If he sells the horses at 10% profit and the cows at 20% profit, then he earns a total profit of Rs. 1880. The cost of a horse is:_________?

   A. Rs. 1000
   B. Rs. 2000
   C. Rs. 2500
   D. Rs. 3000

6. A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:________?

   A. no profit, no loss
   B. 20% profit
   C. less than 20% profit
   D. more than 20% profit

7. By selling an article at Rs.800, a shopkeeper makes a profit of 25%. At what price should he sell the article so as to make a loss of 25%?

   A. Rs.600
   B. Rs.480
   C. Rs.500
   D. Rs.450

8. The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit?

   A. Rs. 920
   B. Rs. 960
   C. Rs. 1060
   D. Rs. 1200

9. The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

   A. Rs. 2000
   B. Rs. 2200
   C. Rs. 2400
   D. None of these

10. A man buys 10 articles for Rs. 8 and Sells them at the rate of Rs. 1.25 per article. His gain is:________?

    A. 20%
    B. 50%
    C. 19 ½ %
    D. 56 ¼ %