A man sold two houses for Rs. 7.8 lakhs each. On the one, he gained 5% and on the other, he lost 5%. What percent is the effect of the sale on the whole?

Related Mcqs:

1. P and Q started a business with respective investments of Rs. 4 lakhs and Rs. 10 lakhs. As P runs the business, his salary is Rs. 5000 per month. If they earned a profit of Rs. 2 lakhs at the end of the year, then find the ratio of their earnings?

   A. 2 : 5
   B. 5 : 2
   C. 3 : 5
   D. 1 : 1
   E. None of these

2. A father left a will of Rs.35 lakhs between his two daughters aged 8.5 and 16 such that they may get equal amounts when each of them reach the age of 21 years. The original amount of Rs.35 lakhs has been instructed to be invested at 10% p.a. simple interest. How much did the elder daughter get at the time of the will?

   A. 17.5 lakhs
   B. 21 lakhs
   C. 15 lakhs
   D. 20 lakhs

3. If goods be purchased for Rs.840 and one-fourth be sold at a loss of 20% at what gain percent should the remainder be sold so as to gain 20% on the whole transaction?

   A. 30%
   B. 33%
   C. 33 1/3%
   D. 35%

4. A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?

   A. Rs.250
   B. Rs.225
   C. Rs.275
   D. Rs.200

5. By selling an umbrella for Rs. 300, a shop keeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% on the marked price. His gain percent during the sale is:________?

   A. 7
   B. 7.5
   C. 8
   D. 9

6. 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

7. A man sold 20 articles for Rs. 60 and gained 20%. How many articles did he buy for Rs.60?

   A. 22
   B. 24
   C. 25
   D. 26

8. If a trader sold two cars each at Rs. 325475 and gains 12% on the first and loses 12% on the second, then his profit or loss percent on the whole is_______?

   A. 1.44% loss
   B. 14.4% profit
   C. 14.4% loss
   D. 0%
   E. None of these

9. A shopkeeper purchased 70 kg of potatoes for Rs. 420 and sold the whole lot at the rate of Rs. 6.50 per kg. What will be his gain percent?

   A. 4 1/6 %
   B. 6 1/6 %
   C. 8 1/3 %
   D. 20 %

10. By selling a house for Rs.45000, it was found that 1/8 of the outlay was gained, what ought the selling to price to have been in order to have lost 5 p.c?

    A. Rs.38750
    B. Rs.38000
    C. Rs.40000
    D. Rs.42000