Question

A man buys 2 pens for 10â¹ each and he. Sold one at gain of 5% and one at loss of 5%. Find profit and loss. Percent

Answer 1

Answer:

No Profit , No Loss

Step-by-step explanation:

Man buys 2 Pens for Rs 10 Each

so cost Price of each pen = Rs 10

Total cost Price of two Pens = 2 * 10 = Rs 20

5 % Gain = (5/100) * 10 = 0.5 Rs

Selling Price with gain = Cost Price + Gain

Selling Price with 5 % Gain = 10 + 0.5 = Rs 10.5

5% Loss = (5/100) * 10 = Rs 0.5

Selling Price  with  Loss = Cost Price - Loss

Selling Price with 5% Loss = 10 - 0.5 = Rs 9.5

Total Selling Price = 10.5 + 9.5 = Rs 20

Cost Price = rs 20

As sell price & cost price are same

so there is neither Profit nor Loss