Question 12

Two pens are bought at the rate of Rs 20 each. Shopkeeper sells one at the profit of 25% and other at the loss of 25%. What will be the total profit or loss in the whole transaction?

Solution

Cost price of each pen = Rs. 20

Profit % on 1st pen = 25%

=> Selling price of 1st pen = $$20+(\frac{25}{100}\times20)=Rs.$$ $$25$$

Similarly, selling price of 2nd pen after 25% loss = $$20-(\frac{25}{100}\times20)=Rs.$$ $$15$$

Thus, total cost price = Rs. $$(20+20)=Rs.$$ $$40$$

and selling price = Rs. $$(25+15)=Rs.$$ $$40$$

Thus, there is no profit or loss.

=> Ans - (A)

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