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      Question

      A man purchased a laptop for Rs. 15,000 and a mobile phone

      for Rs. 10,000. He sold the laptop at a profit of 20% and the mobile phone at a loss of 10%. Find the total profit or loss for him in the transaction.
      A Rs.2,250 Profit Correct Answer Incorrect Answer
      B Rs.1,200 Loss Correct Answer Incorrect Answer
      C Rs.2,000 Profit Correct Answer Incorrect Answer
      D Rs.1,800 Loss Correct Answer Incorrect Answer

      Solution

      ATQ,

      Sum of cost price of the laptop and mobile phone = 15000 + 10000 = Rs. 25,000

      Selling price of the laptop = 15000 × 1.20 = Rs. 18,000

      Selling price of the mobile phone = 10000 × 0.90 = Rs. 9,000

      Total profit in the transaction = (18000 + 9000) - 25000 = Rs.2,000

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