A shopkeeper sold two bicycle for Rs.15000 each, on first he gains 50% and on the other a loss of 25%. His profit or loss is :
A
0
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B
162
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C
125
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D
632
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Solution
The correct option is A0 Let x and y be the CP of 1st bicycle and 2nd bicycle respectively Profit % on 1stbicycle=50% ∴150% of x=15,000 x=10000 CP1=Rs.10000....(i) Loss % on 2ndbicycle=25% 75% of y=15000 y=20000 CP2=Rs.20000 Total CP=Rs.(20000+10000)=Rs.30000 SP=Rs.15000×2=Rs.30,000 ∵CP=SP (No profit, No Loss).