Question

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

Answer 1

profit of 1st shopkeeper = 112×20/100  

= ₹12.4

total transaction = 112+12.4

= ₹124.4

loss of 2nd shopkeeper = 112×20/100

= ₹12.4

total transaction = 112-12.4

=99.6

AS THE