If a person sells two washing machines at rupees 12000 each if the person gains 25% profit on one and looses 25% on another what is the total amount of transaction?
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If a person sells two washing machines at rupees 12000 each if the person gains 25% profit on one and looses 25% on another what is the total amount of transaction?
Solution
For 1st machine,
Hence the profit on 1st machine = ₹2400
For 2nd machine,
Hence loss on 2nd machine = ₹4000
Hence total loss/ profit = 4000 - 2400 = ₹1600
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