A man sold two articles for Rs.20000 each.On selling first, he gains 20% and on the other, he loses 20%.What is the profit/loss in the ?transaction?2468

Let's break down the problem:

1. The man sold two articles for Rs. 20,000 each. This means the selling price for each article is Rs. 20,000.

2. On the first article, he gains 20%. This means the cost price of the first article is 100% if the selling price is 120%. So, the cost price of the first article is (100/120)*20000 = Rs. 16,666.67.

3. On the second article, he loses 20%. This means the cost price of the second article is 100% if the selling price is 80%. So, the cost price of the second article is (100/80)*20000 = Rs. 25,000.

4. The total cost price of the two articles is Rs. 16,666.67 + Rs. 25,000 = Rs. 41,666.67.

5. The total selling price of the two articles is Rs. 20,000 + Rs. 20,000 = Rs. 40,000.

6. The difference between the total cost price and the total selling price is Rs. 41,666.67 - Rs. 40,000 = Rs. 1,666.67.

7. Since the total cost price is more than the total selling price, the man incurred a loss in the transaction. The loss is Rs. 1,666.67.