23Ramesh sold two books 480 each 20% profit on one băŕ¸§1, 20%

1.	23Ramesh sold two books 480 each 20% profit on one băŕ¸§1, 20% loss on thebook. Overall check whether he gets loss or profit . By how much?
Answer» Cost price of two booksCP = 4802 = 960 Selling price of first bookSP1 = CP1(1 + 20/100) = 480(6/5) = 966 = 576 Selling price of second bookSP2 = CP2(1 - 20/100) = 480(4/5) = 96*4 = 384 Total selling price SP = 576 + 384 = 960 There is no loss no profit as Selling price is equal to cost price of two books

23Ramesh sold two books 480 each 20% profit on one băŕ¸§1, 20% loss on thebook. Overall check whether he gets loss or profit . By how much?

Answer»

Cost price of two booksCP = 480*2 = 960

Selling price of first bookSP1 = CP1(1 + 20/100) = 480(6/5) = 96*6 = 576

Selling price of second bookSP2 = CP2(1 - 20/100) = 480(4/5) = 96*4 = 384

Total selling price SP = 576 + 384 = 960

There is no loss no profit as Selling price is equal to cost price of two books