Asking
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

Two products sold at $3000 each. One results in a profit of 20% and another one results in a loss of 20%. What is the total profit or loss from

selling both?
2500 and 3750 so lost 250?
Riemann · 31-35, M
@BeefySenpie Could you please explain? It's correct.
Lostpoet · M
@Riemann

part * whole + rate = total

Part * whole - rate = total

Then you find the difference between both totals.
Longpatrol · 31-35, M
Are you trying to get us to do your homework? 🤨
Riemann · 31-35, M
@Longpatrol Not in the slightest. I am just practicing.
Lostpoet · M
I can do the math but don't they just equal out?
Riemann · 31-35, M
@Lostpoet No, that's y m puzzled and stuff.
DrWatson · 70-79, M
@Lostpoet No, because 20% of a larger amount does not balance out 20% of a smaller amount. Percents are relative, not absolute numbers.

 
Post Comment