Question

Anurag sells a bag on a profit of 10% and a water bottle on a loss of 10%. Choose the correct
statement(s) related to this.
(A) Anurag will be in profit, if cost price of the bag is more than the bottle.
(B) Anurag will be in profit, if cost price of the bag is less than the bottle.
(C) Anurag will have zero profit and zero loss for any cost prices of the bag and the bottle.​

Answer 1

Step-by-step explanation:

Answer

Let the selling price of each bottle be y.

Let the cost price of each bottle be x.

According to the question,

16y=17x

⟹

x

y

=

16

17

Gain %=(

x

y

−1)×100

⟹Gain %=(

16

17

−1)×100=6.25%

Answer 2

Answer:

A is the correct answer

Step-by-step explanation:

Anurag will be in profit, if cost price of the bag is more than the bottle