A and B sold two articles at 12000 each.one is sold at a profit of 20% and another one at a loss of 20% what is the net loss
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A and B sold two articles at 12000 each. one is sold at a profit of 20% and another one at a loss of 20%. Then the net loss is 4 %
Solution:
If two items are sold , one at a loss of a % and the other at a gain of a %, then then there occurs a overall loss of :
Given that,
A and B sold two articles at 12000 each
One is sold at a profit of 20% and another one at a loss of 20%
Thus, a = 20
Therefore,
Thus the net loss is 4 %
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