Question

Ajay sells 2cycles at rs 2500 each. If he makes a profit of 25% on one and incurs a loss of 25% on the other,find his net profit or loss percent

Answer 1

Answer:

Since profit% =loss%

Step-by-step explanation:

there is NO PROFIT NO LOSS

Answer 2

Answer:

Here, the profit amount = loss amount, so, there is no profit or loss.

Given:

Ajay sells 2 cycles at rs 2500 each. If he makes a profit of 25% on one and incurs a loss of 25% on the other

To find:

Find his net profit or loss percent

Solution:

Ajay sold two cycles at Rs.2500 each

25% profit on one cycle = 2500$\times$ $\frac{25}{100}$= 625

25% loss on one cycle =$2500 \times \frac{25}{100}$ = 625

Since the profit amount = loss amount,

Then, there is neither profit nor loss.