A traders sells two computers at the same price, making a profit of 30% on one and a loss of 30% on the other. What is the net loss or profit percentage on the transaction?
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since the exact price of computer s is not as both have same price.
Let c.p of both = 100
Now he makes 30% profit on one.
so s.p = 130
Next he made 30% loss on other.
So s.p = 70
thus total cost price = 200
and total selling price = 130+70=200
Hence no gain no loss.
Thus net loss or profit percentage on the transaction = 0%
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