A trader buys two items for Rs 12000 each He gets a profit of 25 on one item and incurs a loss of 20...........

Quant (SSC) Profit and loss

A trader buys two items for Rs. 12000 each. He gets a profit of 25% on one item and incurs a loss of 20% on the other. What is the total proft/loss percentage of the trader?

2.5%

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Explanation:

The SP of the first item = 125% of 12000 = 15000
The SP of the second item = 80% of 12000 = 9600
The total SP of both the items = 24600
The profit earned is 24600 – 24000 = 600
Percentage of Profit earned is 600 /24000 × 100 = 2.5%