Q. A trader sells two items for ₹2,400 each. On one he gains 20% and on the other he loses 20%. What is the net result?
✅ Correct Answer: (C)
4% loss
Explanation: CP1 = 2400/1.2 = 2000, CP2 = 2400/0.8 = 3000. Total CP = 5000; SP = 4800; Loss = 200 = 4%.
Explanation by: Yami Thakur
CP1 = 2400/1.2 = 2000, CP2 = 2400/0.8 = 3000. Total CP = 5000; SP = 4800; Loss = 200 = 4%.