Two items sell at Rs 1200 each, one at 20% profit and one at 20% loss. Overall result?
ALoss of 2%
BGain of 4%
CNo gain no loss
DLoss of 4%
Answer & Solution
Correct answer: D. Loss of 4%
Costs are 1000 and 1500 (total 2500) against receipts of 2400, a loss of 100, which is 4 percent.
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