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A shopkeeper sells two cycles at ₹2400 each.
On the first he gains 25% and on the second he loses 25%.
Find his overall profit or loss in rupees.

Class 7Profit and LossComparing Quantities
  • ALoss ₹320
  • BProfit ₹320
  • CNo profit no loss
  • DLoss ₹200

Step-by-Step Solution

CP. CP. Total CP = 5120, total SP = 4800. Loss = ₹320.
Answer: A) Loss ₹320

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