Question

A man sold a shop and a terrace house for RM 240 000 each and sustained a loss of 25% for selling the shop and earned a profit of 25% from the terrace house. Find the amount of profit or loss.​

Answer 1

Explanation:

RM (⁠≧⁠▽⁠≦⁠)

Answer 2

The amount for loss would be RM 600 and the amount for profit would be RM 600.

Explanation:

Loss percent

25=loss/CP *100

25/100=L/CP *100

25/100=100L/240,000

10000L/10000=240,000*25/10000

L=24*25

L=RM 600

Profit percent

25/100=P/240,000 *100

25/100= 100P/240000

10000P/10000=240000*25/10000

P=RM 600