Selling two items each at Rs 240/-, a merchant gets, a profit of 20% on one of them and incurs a loss of 20% onthe other. In the whole transaction the merchant gets
SP1 = 240
CP1 = 240/1.2 =200 Rs
SP2=240
CP2 = 240/0.8 = 300
Total SP = 480 and total CP = 500
Loss % = 20/500 = 4%
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