A dealer sold 2 fans for Rs.901 each and earns 30% profit on first and 30% loss on second. Find his total profit or loss.
Answer & explanation
Correct answer: option 4
CP1 = 910 × \(\frac{100}{130}\) = 700
CP2 = 910 × \(\frac{100}{70}\) = 1300
Total CP = 2000 (700+1300)
Total SP = 1820
Loss = 2000 - 1820 = Rs.180