Question

Ram bought two bikes for Rs. 35,000 each. On selling one bike he made a profit of 5% and on another a loss of 10%, find his overall profit or loss.​

Answer 1

Step-by-step explanation:

c.p of each bike=35,000 (given)

so, total c.p =70,000

now there is profit of 5% on selling first bike

sp of first bike= (35000). 105/100= 36750

there is a loss of 10% on selling second bike

sp of second bike= (35000). 90/100= 31500

total sp = 36750+31500= 68250

loss = cp-sp

= 70000-68250=1750