SOLUTION: A closing factory sold two used machines for $1200 each. One machine brings 20% profit; the other 20% loss. How much is total profit or loss?

SOLUTION: A closing factory sold two used machines for $1200 each. One machine brings 20% profit; the other 20% loss. How much is total profit or loss?

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Question 357002: A closing factory sold two used machines for $1200 each. One machine brings 20%
profit; the other 20% loss. How much is total profit or loss?
Answer by robertb(5830) (Show Source): You can put this solution on YOUR website!
Break-even. One machine sold for 1.2*1200 = 1440 and the other sold for 0.8*1200 = 960, for a total revenue of 2400. But this is just equal to the total sale price for the two machines, 1200+1200 = 2400. Therefore no loss or profit.
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