Question

a man bought two cycles for 2000 rupees and he sell one cycle at the profit of 20% and second cycle at the loss of 20% then what is the profit or loss he gain after selling

Answer 1

Nor profit niether loss...

As 20% loss - 20% profit

Answer 2

Two cycle cost =₹ 2000
One cycle cost =2000/2= ₹1000

As one cycle cost (C.P) = ₹1000
Profit%= 20%
$= cp\frac{100 + profit}{100}$
$= 1000 \times \frac{100 + 20}{100}$
$= 1000 \times \frac{120}{100}$
$= 1200$
Second cycle cost(C.P) = ₹1000
Loss%= 20%
$sp = cp \times \frac{100 - loss}{100}$
$= 1000 \times \frac{100 - 20}{100}$
$= 1000 \times \frac{80}{100}$
$=rs 800$
Total C.P= ₹1000+₹1000
= ₹2000
Total S.P= ₹1200+ ₹800
= ₹2000
As, C.P = S.P, therefore no gain no loss.