Question

A buys an article and sells it to B at a profit of 12% . B sells it back to A at the price which A previously paid for it . what is B,s pecentage loss? please give full solution.

Answer 1

let A has by the article for rupees x so 12% of x is equal to y and A has made a profit of 12% by selling it to B.B sells it back to A for rupees x so the loss percentage will be also 12% .For example,A has buys the article for rupees 1000 so 12% of it will be 120 rupees so he sells it to B for rupees 1000+120=1120 and he sells it back to A for rupees 1000 so B's loss will be rupees 120 so there will be a loss percentage of 12%.