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let cp of one shirt be 100
then for 1st shirt profit%=20
sp = 120
so cp = 1200/120×100=1000
and for other case
loss = 20%
so sp = 80
cp= 1200/80×100=1500
so total cost price = 1500+1000=2500
and total sp = 1200+1200=2400
now loss=2500-2400=100
loss%=100/2500×100=4% loss
or applying successive formula
20-20-(20×20)/100= -4%
minus means loss
then for 1st shirt profit%=20
sp = 120
so cp = 1200/120×100=1000
and for other case
loss = 20%
so sp = 80
cp= 1200/80×100=1500
so total cost price = 1500+1000=2500
and total sp = 1200+1200=2400
now loss=2500-2400=100
loss%=100/2500×100=4% loss
or applying successive formula
20-20-(20×20)/100= -4%
minus means loss
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