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Want to learn the best profit and loss tricks to solve Maths problems? Join this class now. In this class, our BYJU’S educator, Adil Sir discusses how to solve profit and loss questions quickly using a simple trick.
Various competitive and entrance exams will have at least one question on profit and loss. In this class, Adil Sir will be sharing with you a problem on profit and loss. Let’s see if you can solve this problem on your own.
A phone and a laptop are sold for 960 dollars each. A profit of 20 percent is made on the phone and a loss of 20 percent is made on the laptop. What is the overall profit/loss?
In this question, the selling price of the items is the same. Also, the profit and loss percentages are the same as well. Here, you generally tend to think the answer is going to be either No Profit or No Loss. But the answer is neither of them. Watch this video to find the right answer!
If you know the right answer, comment below in the comment section!

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