Salman sells two cycles at Rs. 2500 each. If he makes a profit of 25% on one and incurs a loss of 25% on the other, find his net profit or loss %.
SP of each cycle =Rs. 2500
Profit % for first cycle =25%
CP of the first cycle =SP×100100+Profit%=2500×100(100+25)=250000125=Rs. 2000
Loss % for the second cycle =25%
And CP of the second cycle =SP×100100−Loss%=2500×100(100−25)=25000075=Rs. 3333.33
Total CP of two cycle =2000+3333.33=Rs. 5333.3
Total SP =2500+2500=Rs. 5000
So, CP>SP, hence loss.
Net Loss %=Total LossTotal CP×100
=Sp−CPCP×100%
=5333.3−50005000×100%
=333.350×1%
=6.67%