Two watches are sold at rs 4,38,432.50 each. On one it gains 20% profit and on the other it incurs 20% loss. Find the overall profit or loss percent?
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Step-by-step explanation:
when selling price is equal we can apply the formula for overall profit percent calculation
%= x+y+xy/100
overall profit %=20-20-20×20/100
%=20×20/100
%=400/100.
%=4%
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