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Q: A Shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net Profit or loss that he makes?

  • 1
    4%
  • 2
    5%
  • 3
    6%
  • 4
    8%
  • Show Answer
  • Workspace

Answer : 1. "4%"
Explanation :

Answer: A) 4% Explanation: SP of first article = Rs.1000   Profit = 20%  CP = SP x 100100+P% = Rs. 25003 SP of Second Article = Rs.1000  Loss = 20%  CP = SP x 100100-L% = Rs. 1250   So, Total SP = Rs.2000; Total CP = Rs.6250/3   As the CP is more than SP, he makes a loss.   Loss = CP - SP = (6250/3) - 2000 = Rs.(250/3)   So, Loss Percent = Lossx100/CP = 4%

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