A shopkeeper bought two TV sets at Rs. 10000 each. He sold one at a profit of 10% and the other at a loss of 10 %. Find whether he made an overall profit or loss ?
Cost price of a T.V set =Rs 10000
profit=10%
Selling price=[100+p/100] x C.P
=[100+10/100] x 10000
=110/100 x10000
=11 x 1000
=Rs 11000
_______________
Loss=10%
selling price =[100-L /100] x C.P
=100-10/100 x10000
=90/100 x 10000
=9 x 1000
=9000
__________
total cost price= 10000+10000
=20000
total selling price =11000+9000
=20000
Here C.P=S.P
Therefore ,it is neither Loss nor Profit.
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