![A man purchased two articles for Rs. 7500. If he sells the first at 20% profit and the second at 50% loss](https://www.gkseries.com/blog/wp-content/uploads/2024/04/A-man-purchased-two-articles-for-Rs.-7500.-If-he-sells-the-first-at-20-profit-and-the-second-at-50-loss.jpg)
A man purchased two articles for Rs. 7500. If he sells the first at 20% profit and the second at 50% loss. If C.P. of 1st article is equal to selling price of 2nd article find the overall profit or loss in the transaction.
(a) 1500
(b) 2000
(c) 2500
(d) 3000
Sol:
![](https://www.gkseries.com/blog/wp-content/uploads/2024/04/image-268-836x1024.png)
1 → 500 Rs.
⇒ CP of Ist = 2500 Rs.
CP of IInd = 5000 Rs.
Profit of Ist = 500 Rs.
Loss on IInd = 2500 Rs.
Overall loss = 2000 Rs.