SOLUTION: two articles are sold one in 10% profit and the other in 20% loss, then what will be the profit or loss in total
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Question 1058277: two articles are sold one in 10% profit and the other in 20% loss, then what will be the profit or loss in total Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! two articles are sold one in 10% profit and the other in 20% loss, then what will be the profit or loss in total
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If one of the items was bought for "x" it was sold for 1.1x
If the other item was bought for "y" it was sold for 0.8y
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Profit or loss ??
Current value - Original value = profit or loss
(1.1x+0.8y) - (x+y) = 0.1x - 0.2y
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Cheers
Stan H.
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