Question

A shopkeeper purchased a bag for Rs 800 and umbrella for 400.if s/he sold the bag at 15% profit and umbrella at 15% loss,find his/her profit or loss percent in whole transaction.

pls help

Answer 1

Bag: 800/100 = 8*15 = 120
Umbrella: 400/100 = 4*15 = 60

120 - 60 = 60

The shopkeeper has gained 60 from the transaction