4 years ago in Profit & Loss

A man buys a chair and table for Rs. 6000. He sells the chair at a loss of 10% and the table at gain of 10%. He still gains Rs. 100 on the whole. Cost price of chair is:

[A] Rs. 2500
[B] Rs. 2850
[C] Rs. 3050
[D] Rs. 3500
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A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:

  • [A] A neither losses nor gains
  • [B] A makes a profit of 11%
  • [C] A makes a profit of 20%
  • [D] B loses 20%