📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    A shopkeeper buys two articles for  ₹2,000 each . He

    sells the first at a profit of 20% and the second at a loss of 10%. What is his overall profit or loss percentage?
    A 5% profit Correct Answer Incorrect Answer
    B 8% loss Correct Answer Incorrect Answer
    C 2.5% profit Correct Answer Incorrect Answer
    D 12.5% loss Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    First article: Profit = 20% of 2,000 = 400 → SP₁ = 2,400 Second article: Loss = 10% of 2,000 = 200 → SP₂ = 1,800 Total CP = 4,000 Total SP = 4,200 Net profit = 200 Profit % = (200 / 4,000) × 100 = 5%

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question