A merchant buys a watch for ₹1,500 and sells it at a 10% loss. He then buys the same model for ₹1,600 and sells it at a 20% profit. Find the overall profit or loss percentage (rounded off to 2 decimal places).

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A merchant buys a watch for ₹1,500 and sells it at a 10% loss. He then buys the same model for ₹1,600 and sells it at a 20% profit. Find the overall profit or loss percentage (rounded off to 2 decimal places).

AProfit percentage is 4.48%

BLoss percentage is 4.48%

CLoss percentage is 5.48%

DProfit percentage is 5.48%

Answer:

D. Profit percentage is 5.48%

Read Explanation:

Profit percentage is 5.48%

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