A shopkeeper sold two bats which have a cost price of ₹6000 each. He make

Question

A shopkeeper sold two bats which have a cost price of ₹6000 each. He makes a profit of 10% on one bat but a loss of 5% on the other bat. Find the overall profit or loss in the entire transaction.

Options:

A . Loss of ₹300

B . Profit of ₹300

C . Profit of ₹600

D . Loss of ₹600

Answer: Option B
:
B
Profit on one of the bats = 10% of ₹ 6000
=

\frac{10}{100} \times 6000 =

₹600
Hence, the Selling price
= Cost price + Profit
= ₹ (6000 + 600) = ₹ 6600
Loss on the other bat
= 5% of ₹ 6000
=

\frac{5}{100} \times ₹ 6000

= ₹ 300
Selling price = Cost price - Loss
= ₹ (6000 - 300)
= ₹ 5700
Total cost price (CP) = ₹ 12000
Total selling price (SP)

= ₹ 6600 + ₹ 5700

= ₹ 12,300
Hence, as SP > CP, he has made a profit of ₹

(12, 300 - 12, 000)

=₹ 300.

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