a vendor solds two things at same cost 12 RS with one item at 25%profit and other at 20%loss,by this transaction he made profit or loss by how much
Answer / Karan Srivastava
To determine whether the vendor made a profit or loss, we need to calculate the cost price and selling price for each item. Let's assume the cost price of the item with a 25% profit is CP1, and the selling price is SP1 = 1.25 * CP1. Similarly, let the cost price of the item with a 20% loss be CP2, and the selling price be SP2 = 0.8 * CP2. Since both items are sold at the same cost of 12 Rs, we have the equation: CP1 + CP2 = 12. To determine whether there is a profit or loss, we need to compare the total cost price with the total selling price: Total Cost Price = CP1 + CP2 and Total Selling Price = SP1 + SP2 = (1.25 * CP1) + (0.8 * CP2). If Total Selling Price > Total Cost Price, there is a profit; otherwise, there is a loss.
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