A shopkeeper bought two watches at ₹1,200 each. He sold the first watch at a profit of 15% and the second watch at a loss of 10%. Then he gave a cashback of ₹100 to the customer who bought the first watch. Find the overall profit or loss of the shopkeeper.
Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM
Options
- (A) A profit of ₹15
- (B) A profit of ₹60
- (C) A loss of ₹40
- (D) A loss of ₹30
Verified Answer
Option (C): A loss of ₹40
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