A shop keeper sells two bags for RS.500 each.on one,he gets 14% profit and on the other he gets 14% loss.his profit r loss in the entire
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Answer (1)
1st Apr, 2019
Hi Reniguntla,
It will be a situation of no profit and no loss. As when he sells it at 14% profit he earns= 570 rupees (500*114/100).However, when he sells other bag for 14% loss he earns =430 rupees (500*86/100).
Bag A=570
Bag B= 430
implied, total earnings = 570+430= 1000
Hence proved no profit no loss.
1 Comment
Comments (1)
if the sp of 2 articles is same then on one he gains x% and on one other he losses x%then there is always a loss of x%of x
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