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Question

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 A 0
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).

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