PROBLEMS ON PROFIT & LOSS PART 2-LEARN SERIES
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FINDING OVERALL PROFIT /LOSS PERCENTAGE:
1.A man sold two notebooks one at a profit of 20% and other at a loss of 20%.Find the overall Profit /Loss Percentage?
IF SELLING PRICE IS EQUAL:
When the Selling Price is equal then there is again two Types
1)When the Profit/Loss is of equal Percentage
2)When the Profit/Loss is of different Percentage.
1)When the Profit/Loss is of equal Percentage:
1.When two cars are sold at same Selling Price where 1st car is sold at Profit of 10% and 2nd Car is sold at Loss of 10%.What is the overall Profit/Loss Percentage?
2.When the Selling Price is same and the Profit /Loss percentage is not same:
1.The Women sold her two Old Ornaments at the same Selling Price that is 35000 each 1 at the Profit of 75% and another at the loss of 30%.What is her over all Profit /Loss Percentage?