Question

A shopkeeper sells a pen set at 20% profit to others of keeper who sell it at a loss of 20% if price of Princess was rupees 112 what is net profit or loss on total transaction

Answer 1

a/c to question,

price of pen was 112 Rs.

First shopkeeper sells the pen set at 20% profit.
so, profit gained by shopkeeper = 20% of 112

20 × 112/100 = 22.4 Rs.

now, cost price of pen for the 2nd shopkeeper = 112 + 22.4 = 134.4 Rs.

2nd shopkeeper sells it at a loss of 20%

so, loss = 20% of 134.4

= 20 × 134.4/100 = 26.88 Rs.

here loss > profit

so, net loss on the transaction = 26.88 - 22.4
= 4.48 Rs.