Question

42. A shopkeeper sells a pen set at 20% profit to
another shopkeeper who sells it at a loss of
20%. If price of pen set was 112, what is net
profit or loss on total transaction?​

Answer 1

Answer:

The net profit is of 20 percent

Answer 2

Answer:

Cost price of pen set CP = 112

First shopkeeper sell it for

SP1= 112(1 + 20/100)

= 112(6/5)

= 134.4

Other shopkeeper sell it for

SP2 = 134.4(1 - 20/100)

= 134.4(4/5)

= 107.5

Total loss % in transaction

=[ (CP - SP2)/CP]*100

= 4.5*100/112

= 4.01

THERE IS LOSS OF 4%

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