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?
(a) 2% loss
(b) 2% profit
(c) 4% profit
(d) 4% loss​

Answer 1

Answer:

2% LOSS (a)

Step-by-step explanation:

Answer 2

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%