by selling two items each at the same selling price A shopkeeper made an overall profit of 20% if one item was sold at a profit of 50% then the other was sold at
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No profit No loss
Step-by-step explanation:
let 1st item sold at 150rs with profit of 50% which means cost price is 100rs.
now if selling price of 1st item and 2nd item are same that is equal to overall transition of (150 + 150) =300
as shopkeeper has earned 20% profit by selling both item at 300rs.
if we calculate the total cost price of both items it comes 250rs.
CP SP
item 100. 150
item 150. 150
total. 250 300
hence with simple calculation we can see that
2nd item was sold with No profit No loss.
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