Arithmetic Ability
Profit and Loss

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Q.

A man sold two flats for Rs. 4.15 lakhs each. On one he gained 2% and on the other he lost 2%. What percent is the effect of the sale on the whole ?

View Answer

Correct choice: B

Explanation:

In this type cases we always have loss only. Loss% = (Common Gain or Loss/10)2= (2/10)2= 1/25 = 0.04 %
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