A shopkeeper sells two copies of a book. On one copy, he makes a profit of 10% while on the other he make
a loss of 10%. What is the overall profit/loss on selling the two copies?
1] A profit of 1%
2] A loss of 1%
3] No profit no loss
4] Profit/Loss depends on the selling price
Answers
Answered by
0
Answer:
4] Profit/Loss depends on the selling price
Answered by
0
Answer:
4] Profit/ loss depends on the selling prices
Step-by-step explanation:
Let sp of book 1 be x and sp of book be y
=> CP of book 1 = x - x/10 ( snice on book 1 he had profit of 10%)
=> CP of book 2= y + y/10 ( snice on book2 he had loss of 10%)
total profit or loss= SP of book 1 + SP of book2 -CP of book 1 - Cp of book 2
= (x-y)/10
the profit and loss is thus decided by sp of books and if x>y then it is profit and if x<y then it is loss
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