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Q: If a trader sold two cars each at Rs. 325475 and gains 12% on the first and loses 12% on the second, then his profit or loss percent on the whole is ?

  • 1
    1.44% loss
  • 2
    14.4% loss
  • 3
    0%
  • 4
    14.4% profit
  • Show Answer
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Answer : 1. "1.44% loss"
Explanation :

Answer: A) 1.44% loss Explanation: SP of each car is Rs. 325475, he gains 12% on first car and losses 12% on second car.In this case, there will be loss and percentage of loss is given by = [(profit%)(loss%)]/100 = (12)(12)/100 % = 1.44%

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