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Rajan purchased two ceiling fans at the rate Rs. 2,500 each. Out of which one fan was sold at 15% profit and other was sold at 8% loss. How much profi
Question

Rajan purchased two ceiling fans at the rate Rs. 2,500 each. Out of which one fan was sold at 15% profit and other was sold at 8% loss. How much profit or loss percentage is obtained in the whole transaction?

A.

3.5% loss

B.

7% profit

C.

3.5% profit

D.

1.5% loss

Correct option is C

According to the question:
15 = (profit/2500) x 100
Or, profit = 375/-
Also, 8 = (loss/2500) x 100
Or, loss = 200 /-
Net profit = 375 – 200 = 175 /-
Net profit = (175/5000) x 100
Profit = 3.5%

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