Question 92

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

Solution

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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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