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

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Solution

Cost price of a $T . V$ set $= R s 10000$
profit $= 10 %$
Selling price $= [100 + p / 100] \times C . P$
$= [100 + 10 / 100] \times 10000$
$= 110 / 100 \times 10000$
$= 11 \times 1000$
$= R s . 11000$

Loss $= 10 %$
Selling price $= [100 - L / 100] \times C . P$
$= 100 - 10 / 100 \times 10000$
$= 90 / 100 \times 10000$
$= 9 \times 1000$
$= 9000$
Total cost price $= 10000 + 10000$ $= 20000$
Total selling price $= 11000 + 9000 = 20000$
Here $C . P = S . P$
Therefore, it is neither Loss nor Profit.

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