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:________?

Related Mcqs:

1. 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?

   A. neither profit nor loss
   B. 1%
   C. 2%
   D. 3%

2. 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 %

3. A man buys an article and sells it at a profit of 20%. If he had bought it at 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?

   A. Rs.370
   B. Rs.375
   C. Rs.350
   D. Rs.300

4. A man buys two articles for Rs.1980 each and he gains 10% on the first and loses 10% on the next. Find his total gain or loss percent?

   A. 1% gain
   B. 1% loss
   C. 10% loss
   D. no gain or no loss

5. 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 %

6. A man buys milk at a certain rate per liter and after adding water to it sells the mixture at the same rate. Find in what ration he much mix water to milk so as to gain 20% on his outlay?

   A. 1:5
   B. 1:20
   C. 2:5
   D. 1:6

7. 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

8. 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%

9. A man sells a car to his friend at 10 % loss. If the friend sells it for Rs. 54000 and gains 20 %. The original C.P of the car was:_________?

   A. Rs. 25000
   B. Rs. 37500
   C. Rs. 50000
   D. Rs. 60000

10. A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss?

    A. 9% loss
    B. 400
    C. 4000
    D. 324