Question

a man bought two tv set at 10000each he sold one at a profit 10 percent and another loss10percent find profit or loss

Answer 1

Cost price of a T.V set =Rs 10000

profit=10%

Selling price=[100+p/100] x C.P

=[100+10/100] x 10000

=110/100 x10000

=11 x 1000

=Rs 11000

_______________

Loss=10%

selling price =[100-L /100] x C.P

=100-10/100 x10000

=90/100 x 10000

=9 x 1000

=9000

__________

total cost price= 10000+10000

=20000

total selling price =11000+9000

=20000

Here C.P=S.P

Therefore ,it is neither Loss nor Profit.

hope this helps you