A dealer sold two types of goods for Rs. 10,000 each. On one of them, he lost 20 % and on other he g

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7.Profit and Loss

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A dealer sold two types of goods for $Rs. 10,000$ each. On one of them, he lost $20 \%$ and on the other he gained $20 \%$. His gain or loss per cent in the entire transaction was

A

$2 \%$ loss

B

$2 \%$ gain

C

$4 \%$ gain

D

$4 \%$ loss

Solution

Here, $S.P.$ is same. Hence there is always a loss.

Loss percent $=\frac{20 \times 20}{100}=4 \%$

Standard 13

Quantitative Aptitude

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