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I want the answer and working and explanation

I want the answer and working and explanation-example-1
User Colche
by
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1 Answer

2 votes

Remark

Are those Euros that he used to to sell his tables for? I can't quite make it out.

Anyway I will take the price to be 12460. If I have anything wrong, either change it or notify me with a comment.

Gain

20% of 12460 = 20/100 * 12460 = 2492

Total selling prince = 12460 + 2492 = 14952

Loss

20% of 12460 = 2493

Total selling prince = 12460 - 2492 = 9968

Net Gain or Loss

His net gain is 0. What he made on the first sale, he lost on the second one

He should have gotten 12460*2 = 24920 without the 20% gain or loss.

What he got was 14952 + 9968 = 24920 which is a net gain or loss of 0.

User Supputuri
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