A buys an item and sells it to B at a profit of 12%. B sells it back to A at the price which A previously paid for it. what is B's percentage loss

Answers (1)
S safeer

Let  the prise of the item be x rupees

Then B buy it for 1.2x and sells back at x rupees

loss percentage is 

\frac{1.12x-x}{1.12x}\times100=10.71\%

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