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Is it cheap to wear heavy clothes in Changshou New Town?

480÷( 1-20%),

=480÷80%,

600 yuan,

Loss: 600-480= 120 (yuan);

480÷( 1+20%),

=480÷ 120%,

=400 yuan;

Earn: 480-400=80 yuan;

120>80;

120-80=40 (yuan),

Answer: This store sold these two commodities at a loss and went to 40 yuan at a loss.