A shopkeeper bought two TV sets at random 15000 each. He sold one at profit of 25% and the other at a loss of 25%.find out overall profit or loss percentage.
Given there are two conditions:
(i) One in which he gets 25% profit.
Selling price =[100%+profit100]×C.P
=[100100+25100]×15000
=125100×15000
=125×150
Rs=18750
(ii) Other in which he gets 25% loss.
Selling price=[100%−loss100]C.P
=[100100−25100]×15000
=75100×15000
=75×150
Rs.=11250
Thus, total selling price=18750+11250
Rs.=30000
Cost price=15,000+15,000
Rs.=30,000
Thus, S.P=C.P
Therefore, it is neither Loss nor Profit.