A shopkeeper bought two TV sets at Rs 10,000 each He sold one at a profit of 10% and the other at a loss of 10%. Find whether he made an overall profit or loss.

Answers (1)
S Sayak

\\Profit\ on\ first\ TV=10000\times \frac{10}{100}=Rs\ 1000\\ \\Loss\ on\ second\ TV=10000\times \frac{10}{100}=Rs\ 1000\\

Net profit = Rs 1000 - Rs 1000 = 0 

He neither made an overall profit or loss since the profit made on the first tv equals the loss suffered on the second one.

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