After selling a table worth Rs 12000 at 20% loss, a trader buys a TV with the same money. Next he sold the TV at 20% profit. What is his profit/loss in the whole transaction?

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Solution

Sale Price of Table = $12000 \times \frac{4}{5} = 9600$
Loss on Sale of Table = $2400$
Cost price of TV = $9600$
Sale price of TV = $9600 \times \frac{6}{5} = 11520$
Profit on sale of TV= $1920$
Net loss= $480$

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After selling a table worth Rs 12000 at 20% loss, a trader buys a TV with the same money. Next he sold the TV at 20% profit. What is his profit/loss in the whole transaction?

Sale Price of Table = 12000×45=9600Loss on Sale of Table = 2400Cost price of TV = 9600Sale price of TV = 9600×65=11520Profit on sale of TV= 1920Net loss=480

Sale Price of Table = $12000 \times \frac{4}{5} = 9600$
Loss on Sale of Table = $2400$
Cost price of TV = $9600$
Sale price of TV = $9600 \times \frac{6}{5} = 11520$
Profit on sale of TV= $1920$
Net loss= $480$