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Two articles are sold at ₹1,200 each. On one there is a profit of 20% and on the other a loss of 20%. What is the overall result?

1049Medium DSSSB TGT Computer Science 0 replies 1 views
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Two articles are sold at ₹1,200 each. On one there is a profit of 20% and on the other a loss of 20%. What is the overall result?

  • ANo profit, no loss
  • BLoss of 4%
  • CProfit of 4%
  • DLoss of 2%
Correct answer: B

Explanation

The cost prices are ₹1,000 and ₹1,500 (total ₹2,500) while the total selling price is ₹2,400, a loss of 100/2500 = 4%.

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