8th Class Mathematics Comparing Quantities Question Bank Commercial Mathematics

  • question_answer
    DIRECTIONS: Passage-3 Read the passage(s) given below and answer the questions that follow. A man sold two pipes at Rs. 12 each. On one he gained 20% and on the other he lost 20%. What is his gain or loss in the whole transaction?

    A) Loss of Rs. 1    

    B)         gain of Rs. 2

    C) gain of Rs. 1    

    D)         loss of Rs. 2

    Correct Answer: A

    Solution :

    Total S.P = Rs. (12 + 12) = Rs. 24 Total C.P = Rs. (10 + 15) = Rs. 25 Here, CP > S.P. \[\therefore \]    Loss = 25 ? 24 = Rs. 1


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