Question

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Mr. Jones sold two pipes at $1.20 each. Based on the cost, his profit one was 20% and his loss on the other was 20%. On the sale of the pipes, he:

Answer 1

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✌️_______UR ANSWER_______✌️

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$<u>Solutions$

________________
20 % profit on $ 1.20 

= $ 20/100 × 1.20

= $ 0.20 × 1.20

= $ 0.24 

Similarly, 20 % loss on $ 1.20 

= $ 20/100 × 1.20

= $ 0.20 × 1.20

= $ 0.24

Broke even

Therefore, in one pipe his profit is $ 0.24 and in the other pipe his loss is $ 0.24.

Since both profit and loss amount is same so, it’s broke even.

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Answer 2

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Solutions 

________________
20 % profit on $ 1.20 

= $ 20/100 × 1.20

= $ 0.20 × 1.20

= $ 0.24 

20 % loss on $ 1.20 

= $ 20/100 × 1.20

= $ 0.20 × 1.20

= $ 0.24



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