A man purchased two articles for Rs. 7500. If he sells the first at 20% profit and the second at 50% loss

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:

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.