akash buys an article and sells it to ankit at a profit of 12%. Ankit sells it back to Akash at the price which Akash previously paid for it. What is ankit percentage loss?
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Step-by-step explanation:
case 1 article sold by akash
let cp be 100
profit =12% so profit will be 12
sp will be 112
case 2 article sold by ankit
cp =112
sp =100
loss =12%
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