A shopkeeper sells a pen set at 20% profit to another shopkeeper Who sells it at a loss of 20% if price of pen set was Rs.112 what is net profit or loss and total transaction
Answers
Answered by
6
100 is the correct answer
Answered by
16
Answer:
Total Net loss is 4%
Step-by-step explanation:
Hey Mate,
Given Data,
Shopkeeper (1) sells a pen at 20%( X ) Profit to another shopkeeper (2)
Shopkeeper (2) sell it at 20% ( Y ) Loss.
Formula of Net Profit or Loss = X + Y + (XY/100)
So,
Net profit or loss = X + Y + (XY/100)
=> 20 + (-20) + {(20) (-20)}/ 100
=> -4%
So,
Total Net loss is 4%
After 4% Loss . The price of pen is {112 - (112 × 4/100)}
=> Rs. 107.52.
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