Anil sells two pens at the rate of ₹1500 per pen. He earns a profit of 25 percent on one pen and loses 25 percent on the other pen. What will be the total profit or loss in whole transaction?
Given:
Anil sells two pens at ₹1500 each.
He earns a profit of 25% on one pen and incurs a loss of 25% on the other.
Formula Used:
For Profit: SP = CP (1 + Profit%/100)
For Loss: SP = CP (1 - Loss%/100)
Profit or Loss = Total SP - Total CP
Solution:
First Pen (25% Profit):
Second Pen (25% Loss):
Total Cost Price (CP) = ₹1200 + ₹2000 = ₹3200
Total Selling Price (SP) = ₹1500 + ₹1500 = ₹3000
Total Loss = CP - SP = ₹3200 - ₹3000 = ₹200
English
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