Question

A retailer sells two items at a price of 100 each. He sells one item at a loss of 20% and the other item at a profit of 20%. Find the net profit/loss
percentage of the retailer,
C0%
375%
52%
49​

Answer 1

Answer:

Loss of 50/13 or 3.84 percent

Answer 2

Concept

Profit is the amount a seller earns above the cost of the product from the buyer. It is the real earning of a seller. It is the difference between selling price of the product and cost of the product.

Given

Selling price of the product is 100, seller sells one item at a loss of 20% and other one being at a profit of 20%.

To find

Net profit and loss percentage of the seller.

Explanation

We have been given the selling price of an item being 100. Because we have not given the cost of the item, when we will calculate the cost by assuming cost then we will get the same percentage as given in the question.

Net profit and loss=Profit-loss

=20%-20%  

=0

Hence the net profit and loss percentage of the retailer is 0 which is option A.

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