Question

A man sells television and a refigirator at 12000 each if television solt at 20% profit of the cost and refrigerator sold at 20% loss at the cost the entire transition Resulted in

Answer 1

The entire transition results as equal because he get profit and loss equally so they cancel out each others..

Answer 2

Let the cost of television is x
x+20%x=12000
x+1/5x=12000
6x/5=12000
x=10000
So the actual cost of television is Rs 10000
Let the cost of refrigerator is y
y-20%y=12000
y-1/5y=12000
4/5y=12000
y=15000
So the actual cost of refrigerator is Rs 15000 The entire transaction resulted in loss of Rs 1000