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Two toys are sold at $ 504 each. One toy brings the dealer a gain of 12% and the other a loss of 4%. The gain or loss percent by selling both the toys is
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3 5 % profit 3
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4 5 % profit 13 -
5 1 % profit 13 -
2 3 % loss 13
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Correct Option: A
Let C.P. of first toy = $ p
C.P. of second toy = $ q
| ∴ | = 504 | 100 |
| ⇒ p = | = $ 450 | 112 |
| Again, q × | = 504 | 100 |
| ⇒ q = | = $ 525 | 96 |
Total C.P. = $ (450 + 525) = $ 975
Total S.P. = 2 × 504 = $ 1008
Gain = Total S.P. - Total C.P. = 1008 – 975 = $ 33
| ∴ Profit percent = | 975 |
| Profit percent = | = 3 | % | 13 | 13 |
