one shopkeepr purchased two bikes. he sold it each bike for 80000 rs. he sold it first bike with profit of 10%and sold it the second bike with loss of 10%.over all did the shopkeeper get profit or loss? by how much?
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Answer:
overall loss = (10)²/100 = 1%
CP 1= 80k*100/110
CP2 = 80k*100/90
Total CP = 161616.16
Total SP = 160000
overall Loss = 61616.16
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