Question

A shopkeeper sold two bats which have a cost price of Rs. 6000 each. He makes a profit of 10% on one of the bats but a loss of 5% on the other bat. Then he has made a ___________

• A. Loss of 300 rupees
• B. Profit of 300 rupees
• C. Profit of 600 rupees
• D. Loss of 600 rupees

Answer 1

The correct option is B

Profit of 300 rupees

Profit on one of the bats can be calculated by, $\frac{10}{100}\times$ Rs. 6000 = Rs. 600
So, he sold one of the bats for Rs. 6600.
On the contrary, he made a loss of 5% in the other bat.
So the effective selling price = Rs. 6000 - $\frac{5}{100}\times$ (Rs. 6000 ) = Rs. 5700.
$\therefore$ Overall profit or loss can be easily calculated by calculating total CP and total SP
Total CP = Rs. 12000
Total SP = Rs. 6600 + Rs. 5700 = Rs. 12,300.
So, it is clear that he made an overall profit of Rs. 12,300 - Rs. 12,000 = Rs. 300