One vendor sells two mobile phones at Rs 5600 each. One was 25% profit and the other 25% loss. Profit or loss in business? How much?
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Answer:
I) CP = 5600xloo/i25=4480
2,) CP = 5600x100/75=7467
Total CP = 4480 +7467=11947
Totalsp=56oox2 = 11200
cp>sp=Loss=747
Loss%=747 /11947.xloo=6.25%
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