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TV sold for 9600 at 20% loss; AC sold for 9600 at 20% profit. Net result?
Question

TV sold for 9600 at 20% loss; AC sold for 9600 at 20% profit. Net result?

A.

Loss ₹800

B.

Gain ₹800

C.

No loss or gain

D.

Gain ₹1600

Correct option is A

Given:

TV sold at loss; AC sold at profit Both SP = 9600
Formula:

SP = CP × (1 ± rate)
Solution:

TV CP = 9600 ÷ 0.8 = 12000

AC CP = 9600 ÷ 1.2 = 8000

Total CP = 20000

Total SP = 19200

Loss = 20000 − 19200 = 800

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