profit and loss problem: I bought a book for Rs 60 , I sold off to a friend for Rs 70 but after a while i felt sorry , that i sold it and bought it back for Rs 80, how much loss did I incur?

• -->profit 70-60 = 10
  b p =80-60 =20
  20-10=10 loss.
• 8 years agoHelpfull: Yes(14) No(1)
• cp of book=60
  sp of book=70
  profit=10
  again cp=80
  then loss =80-70=10
• 8 years agoHelpfull: Yes(9) No(2)
• when he sold the book profit=70-60=10
  then againa he bought back the book soo here c.p=70 and s.p=80 for the friend
  loss=80-70=10
  therefore theres neither loss nor profit
• 8 years agoHelpfull: Yes(9) No(9)
• If the question is of this kind then everyone would get placed in infosys😜😜
• 7 years agoHelpfull: Yes(8) No(0)
• At starting he bought 60 and then sold it for 70.So he got profit 10 and again he bought 80.So 20 loss.Already he got a profit of 10.So totally loss 10.
• 8 years agoHelpfull: Yes(7) No(0)
• 80-70=10
  So loss is 10
• 8 years agoHelpfull: Yes(3) No(2)
• it is clearly visible that loss is rs 10
• 8 years agoHelpfull: Yes(2) No(3)
• s.p= 70
  c.p=80
  loss =c.p-s.p= 80-70=10
  loss=10 rs
• 8 years agoHelpfull: Yes(2) No(1)
• No loss or profit consider initial cost price 60 not 70.
• 7 years agoHelpfull: Yes(1) No(0)
• me --cp of book = Rs 60
  me--Sp of book = Rs70 (which is the CP for his/her friend)
  me--Profit = sp-cp =70-60=10
  so here Cp = Rs 70
  then SP = Rs 80
  profit/gain=80-70=10
  gain% = (gain *100/cp) = (10*100/70) =0.07%
  
  (or)
  loss %= ((common loss or gain %)/(10))^2 = (10/10)^2 = 1%
  Loss % = 1%
• 6 years agoHelpfull: Yes(1) No(0)
• 70-60=10
  80-60=20
  20-10=10
• 6 years agoHelpfull: Yes(1) No(0)
• 10
  
  Price of the book = Rs. 60
  And, Sell of the book = Rs. 70
  So, Profit = Rs. 10
  Again, 2nd CP = Rs. 80
  Hence, the total loss = (80 -70) = 10.
• 5 years agoHelpfull: Yes(1) No(0)
• Loss incurred= 10₹ on 60₹(cost price)
  10/60 × 100 = 16.666..%
• 2 years agoHelpfull: Yes(1) No(0)
• loss of rs 10
  because i got 10 rs profit by selling and rs 20 loss on buying it back
  net loss is rs 10
• 8 years agoHelpfull: Yes(0) No(0)
• loss is 20
• 8 years agoHelpfull: Yes(0) No(1)
• total cp = 60+80
  total sp = 70
  cp-sp =140 -70 = 70(loss)
• 8 years agoHelpfull: Yes(0) No(3)
• 80-70=10
  So loss is 10
• 7 years agoHelpfull: Yes(0) No(0)
• only 10 loss
• 7 years agoHelpfull: Yes(0) No(0)
• total cp=60+80=140
  sp=70
  loss total=140-70
  70
  50% loss
• 6 years agoHelpfull: Yes(0) No(1)
• 33.33% loss
• 6 years agoHelpfull: Yes(0) No(0)
• 10 loss
  First case 10 is profit and in second case 20 is loss
• 6 years agoHelpfull: Yes(0) No(0)
• it is soo simple :
  look---- the other person got a profit of 10 rupee in whole transaction so i will be in a loss of 10 rupee simple..!! think from the eyes of another person
• 6 years agoHelpfull: Yes(0) No(0)