In: Math
. A sells an article to B on 20% profit. B sells back the article to A on 20% loss. In the whole transaction:
A sells an article to B on 20% profit. B sells back the article to A on 20% loss.
Let the CP of A be Rs.100
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Then, CP of B = 100 + 20% = Rs. 120
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SP of B = 120 (100 โ 20)/100 = ๐ ๐ . 96
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Total profit of A = (120 โ 100) + (100 โ 96) = 24%
24%