Question
A shopkeeper purchased two books with Rs 110 each. one
book he sells at Rs 150 and other he sells at Rs 100. What is his over all profit or loss percentage in the whole transaction ?Solution
CP1 = Rs. 110, CP2 = Rs. 110 Therefore, SP1 = Rs. 150 and SP2 = Rs. 100 Required% = (250 - 220)/220 × 100 = 50/220 × 100 = 13.64%
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