A new fridge is purchased at cost price of Rs. 20,000 while old fridge is purchased at the cost price of Rs. 15,000. On selling the fridges loss of 15% was made on new fridge; while on old fridge profit of 20% was made. What is the total profit/loss on purchase of both fridges?  

1
Rs. 1,500
2
Rs.0 
3
Rs. 500
4
Rs. 1,000

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