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?

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 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

3. 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

4. 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

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. 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

7. 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

8. A dealer purchases 15 articles for Rs. 25 and sells 12 articles for Rs. 30. Find the profit percentage?

   A. 25%
   B. 50%
   C. 20%
   D. 5%
   E. None of these

9. A owns a house worth Rs. 10000. He sells it to B at a profit of 10% based on the worth of the house. B sells the house back to A at a loss of 10% in this transaction A gets:

   A. No profit No loss
   B. Profit of Rs. 1000
   C. Profit of Rs. 1100
   D. Profit of Rs. 2000

10. A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225 for it, the cost price of the bicycle for A is:________?

    A. Rs. 110
    B. Rs. 120
    C. Rs. 125
    D. Rs. 150