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The Cost Price Of The Two Articles Were Same And They Sold One At 25% Profit And Another Sold At 20% Loss. Now Find The Overall Profit/ Loss In This Transaction? |
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Answer» One SIMPLE formula while at same cost price Net profit / loss PERCENT = ( x + y ) / 2 Here to be take ” +ve” sign for profit and “-ve ” sign for Loss & same rule ALSO applicable for final answer. So x = 25 & y = -20 = ( 25 – 20) / 2 = + 2.5% Profit = 2.5%. One simple formula while at same cost price Net profit / loss percent = ( x + y ) / 2 Here to be take ” +ve” sign for profit and “-ve ” sign for Loss & same rule also applicable for final answer. So x = 25 & y = -20 = ( 25 – 20) / 2 = + 2.5% Profit = 2.5%. |
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