A man buys two hens for Rs. 500 each. He sod one for 15% profit and other for 5% loss. Find his profit percentage?
Correct Answer: 5%
Explanation:
SP. of first hen = (115/100) x 500 = Rs. 575
SP of second hen = (95/100) x 500 = Rs. 475
Total SP = 575 + 475 = Rs. 1050
Total CP = 2 x 500 = Rs. 1000
Gain = SP - CP = (1050 - 1000) = Rs. 50
Gain percentage = (50/1000) x 100 = 5%
