A shopkeeper sells two tables, each procured at cost price p, to Amal and Asim at a profit of 20% and at a los

Question

A shopkeeper sells two tables, each procured at cost price p, to Amal and Asim at a profit of 20% and at a loss of 20%, respectively. Amal sells his table to Bimal at a profit of 30%, while Asim sells his table to Barun at a loss of 30%. If the amounts paid by Bimal and Barun are x and y, respectively, then (x − y) / p equals

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Accepted Answer

1. CP of the table at which the shopkeeper procured each table = p It is given that shopkeeper sold the tables to Amal and Asim at a profit of 20% and at a loss of 20%, respectively The selling price of the tables = 1.2p and 0.8p to Amal and Asim respectively. Amal sells his table to Bimal at a profit