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A salesman sold two pipes at Rs. 12 each. His profit on one was 20% and the loss on the other was 20%. Then on whole, his total profit or loss was?



The profit on first pipe is: 12❌ 20/100= 2.4 Then the actual cost of first pipe is 12➖ 2.4=9.6 The loss on second pipe is: 12❌ 20/100=2.4 Then the actual cost of second pipe is: 12➕ 2.4=14.4 Actual cost of two pipes is 24 rupees Selling price of two pipes = rs 24 Therefore,there is no loss or gain.
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