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A man buys two hens for Rs. 500 each. He sod one for 15% profit and other for 5% loss. Find his profit percentage ?
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- 5%
- 10%
- 15%
- 12%
Correct Option: A
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%