[Loss 4%] A shopkeeper sold two dolls at Rs.500 each. He sold one at 20% of loss and other at 20% profit. Find

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A shopkeeper sold two dolls at Rs.500 each. He sold one at 20% of loss and other at 20% profit. Find his profit or loss percentage.

Profit 5%

Profit 4%

Loss 5%

Loss 4%

Explanation:
In such problems where SP for two transactions is same as well as profit and loss percentages in both the transactions are same, you can use the formula
Loss % = (X/10)² , where X = profit percentage = loss percentage
Therefore, Loss % = (X/10)² = (20/10)² = 400/100 = 4%

Additional Questions

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