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A shopkeeper sells two cows in such a way that CP of first cow is equal to the SP of second cow and SP of first cow is equal to the CP of second cow. Which of the following is final result after the whole transaction?
  • a)
    There is a loss
  • b)
    There is a profit
  • c)
    No profit, no loss
  • d)
    Cannot be determined
Correct answer is option 'C'. Can you explain this answer?
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A shopkeeper sells two cows in such a way that CP of first cow is equa...
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Solution:

Given, CP of first cow = SP of second cow and SP of first cow = CP of second cow.

Let the CP and SP of first cow be x and y respectively.

Therefore, CP of second cow = y and SP of second cow = x.

Now, the total CP = x + y and total SP = x + y.

Since total CP = total SP, there is no profit or loss in the transaction.

Hence, the final result after the whole transaction is no profit, no loss.

Answer: Option C.
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A shopkeeper sells two cows in such a way that CP of first cow is equal to the SP of second cow and SP of first cow is equal to the CP of second cow. Which of the following is final result after the whole transaction?a)There is a lossb)There is a profitc)No profit, no lossd)Cannot be determinedCorrect answer is option 'C'. Can you explain this answer?
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