Question

Shopkeeper bought two tables for Rs. 2500 each. If he sold one at a profit of x% and another at a loss of 30%, then in the whole transaction, there is no profit or loss. Find the value of ‘x’?

1. 25
2. 30
3. 28
4. 50

Answer 1

Correct Answer - Option 2 : 30

Given:

Shopkeeper bought two tables for Rs. 2500 each. If he sold one at a profit of x% and another at a loss of 30%, then in the whole transaction

Calculation

 According to the question,

2500 × (100 + x)/100 + 2500 × (70/100) = 5000

2500 + 25x + 1750 = 5000

25x + 4250 = 5000

25x = 750

X = 30