Question

A sells two items for Rs. 2000 in total. On
one he makes a profit of 20%, on other a loss
of 8% and overall a profit of 4%. What is the
ratio of costs of the two items?​

Answer 1

ANSWER

STEP BY STEP EXPLANATION

Cipher, zero

Explanation

Let say both are sold at same price of 100.

Situation 1: 75% profit

Let say cp=x

So so= x+.75x=1.75x

So actual cost price is : 100÷1.75=57.143

Profit in this sale=42.857

Situation 2: 30% loss

Let say cp=x

Then so sp=x-30%x=0.7x

So : 0.7x=100, then x=100/0.7=142.857

Hence loss on this sale is 42.857

So net profit on both sale is 42.857–42.857=0

So no profit no loss.

Answer 2

Answer:

There is no profit and no loss here.