2025 · Q71
A person sells article X for ₹34,500 and makes a profit of 15%. He sells article Y at a loss of 10%. He neither loses nor gains on the whole because of these two transactions. What is the selling price of article Y?
Elementary MathematicsProfit and Loss
- A₹40,000
- B₹40,500
- C₹41,000
- D₹51,500
Explanation
15% profit with SP 34500 gives CP a = 30000 and profit 4500; a 10% loss of 4500 gives b = 45000 with SP 40500. Total SP = total CP = 75000, so there is no profit and no loss, option (b).