Question

A man bought two cycles at the rate of Rs. 1250 and sold the first
one for a profit or 8% and the second one for a loss of 4% On the
whole did he get profit or loss? What percentage? ​

Answer 1

2%

Step-by-step explanation:

cost price=1250

first cycle=8% profit

=625(108÷100) =625×1•08=675

second cycle =4% loss

=625(96÷100) =600

total 1275-1250=25

=(25÷1250)100

=2%