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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. In the whole transaction:

Solutions

Expert Solution

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%

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