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
Then, CP of B = 100 + 20% = Rs. 120
SP of B = 120 (100 − 20)/100 = 𝑅𝑠. 96
Total profit of A = (120 – 100) + (100 – 96) = 24%
24%