By Mansi Yadav

Verified by Ajay Kumar

Two items sold at ₹500 each. One at 25% gain, other at 25% loss. What is the overall result?

  1. 5% loss

  2. 6.25% loss

  3. 7.5% loss

  4. 10% loss

Answer: B

Solution

Solution: Since the selling price of each item is ₹500, the cost price of the item sold at 25% gain is \(500\div1.25=400\). The cost price of the item sold at 25% loss is \(500\div0.75=666.67\) approximately. Total cost price ≈ ₹1,066.67 and total selling price = ₹1,000. Loss percentage \(=\frac{66.67}{1066.67}\times100=6.25\%\). Trick: For equal selling prices with equal gain and loss percentages, the overall result is a loss of \(\frac{25^2}{100}=6.25\%\).

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