a shopkeeper sells a refrigerator for 1200 and earns a profit of 20% . he sells a t.v set for the same price and loses 20 find c.p of refrigerator
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1200 - 1200x20/100 = 960
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SP =rupees 1200
profit percent =20%
loss percent =20
CP of refrigerator =1200 multiply 100 by 100 + 20= 1000 rupee
CP of TV = 1200 multiply 100 by 100 - 20 = 1500 rupees
total cost price= 1500 + 1000 =2500
total selling price is= 1200 + 1200 2400
so sp is less which is 100
loss%= hundred multiply hundred by CP 100 x 100 bi 2500 =4%
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