Meena purchased two fans each at ₹ 1200. She sold one fan at the loss of 5% and other at the gain of 10%. Find total gain or loss per cent?

1.2 % loss
1.2% profit
2.5% profit
2.5% loss

Correct Answer: 2.5% profit

Explanation:

Total CP = 2 x 1200 = ₹ 2400
SP of 5% loss = (95/100) x 1200 = ₹ 1140
SP at 10% gain = (110/100) x 1200 = ₹ 1320
Total SP = 1140 +1320 = ₹ 2460
∴ Gain = 2460 - 2400 = ₹ 60
Gain % = (60/2400) x 100% = 2.5%

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