Question

A shopkeeper bought two TV sets at 10000 each he sold at a profit of 10 percent and the other at a loss of 10 percent find whether he made an overall profit and loss

Answer 1

Here will be no profit no loss.
Verification :-

1st TV set :
CP = Rs. 10000
Profit = 10%
SP = 10000*110/100 =Rs. 11000

2nd TV set :
CP = Rs. 10000
Loss = 10%
SP = 10000*90/100 = Rs. 9000

Total CP = Rs. 10000+10000 = Rs. 20000
Total SP = Rs. 11000+9000 = Rs. 20000
Here,
CP = SP

So there is no profit no loss.

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Answer 2

Answer:

1rst TV set=

C.P=10,000

profit=10%

S.P=110×10,000÷100

=₹11000

2nd TV set =

C.P=10,000

loss=10%

S.P= 90×10000÷100

=₹9000

Total C.P= ₹10,000+10,000

=₹20,000

Total S.P=₹11,000+₹9,000

=₹20,000

C.P=S.P

There is neither profit nor loss.

Hope it helps...