Matthew sold a watch to Joanne at Rs.20 profit. After a couple of days, Joanne sold the
same watch back to Matthew at Rs.20 profit. Was it an even deal for Matthew?
Answers
Answered by
1
Step-by-step explanation:
yes in a way... he is neither at loss nor at profit here
Answered by
51
Step-by-step explanation:
According to my point of view, it was not an even deal for Matthew b,coz-
Let sale price for a watch is rupees 100 and he sale to joanne at 20 rupees profit its mean 120 is a selling price now, after a couple of days ,
Joanne sale the same watch to Matthew at 20 rupees profit on 120 sale price that mean he sale to Matthew 140 rupees so, the result is Matthew bear a loss of rupees 20 (140–120).
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