if A shopkeeper sells a table at 10% profit and other table at 5% loss what is his net percentage of loss or gain
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assume cost price of each table is RS.100.
first table he sold for profit of 10% means he sold it for RS.110.
second table he sold @loss of 5% means he sold it for RS.95.
cost price of 2 tables is RS.200
selling price of 2 tables is RS.210
cp sp
200 205
profit = s.p - c.p
profit = RS.5
5 is 2.5% of 200.
so 2.5% of profit shop keeper earned.
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