a dealer buys an article for$7sells it for $8buys it back for $9sells what is the profit or loss he gets
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Hey
There will be no loss and no profit as Person first bought in 7 and sold in 8 so profit of 1. Now bought again in 9 so that profit of 1 also gone from him. So no loss, no profit.
mahe34:
but options a.2profit b.2loss c.1profit d.1 loss
Then it will be 1 loss as at last he sold at 8 and bought again at 9 so he is at 1 loss.
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