A sold an article to B at a loss of 20% and B sold it to C at a profit of 20%. If A had sold an article for the price C paid what would have been his loss or gain percent?
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Answer:
Let C.P for A= Rs 100
S.P of B= Rs 80 _____ 20% loss (100−
100
20
×100)
S.P of C= Rs 96 ______ 20% gain (80+
80
20
×100)
If A sells for Rs. 96, Rs. 4 is loss.
∴ loss % = 4%
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