Question

David sells two calculators for ₹1500 each .He earns a profit of 25% on

one and suffers a loss of 25% on the other. Find his total profit or loss on
the whole deal. Also calculate it as a percentage

Answer 1

gain = 0

% = 0

Explanation:

Profit

He sells one for a profit of 25% That means he sells one of them for 100% + 25% = 125%

₹1500 * 125/100 = ₹187500/100 = ₹1875

Loss

Here he sells it for 25% less than the selling price he wanted.

100% - 25% = 75%

₹1500 * 75/100 = ₹112500/100 = ₹1125

Discussion

He should make ₹1500 + ₹1500 = ₹3000 without either profit or loss.

What he actually accomplishes is ₹1125 + ₹1875 = ₹3000

So he has a net gain (loss) of 0.

The % is 0