2. THE TWO AEROPLANES.
A man recently bought two aero planes, but afterwards found that they would not answer the purpose for which he wanted them. So he sold them for £600 each, making a loss of 20 percent on one machine and a profit of 20 per cent on the other. Did he make a profit on the whole transaction, or a loss? And how much?
2. THE TWO AEROPLANES.
The man must have paid £500 and £750 for the two machines, making together £1,250; but as he sold them for only £1,200, he lost £50 by the transaction