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A dealer sold two types of goods for $ 10,000 each. On one of them, he lost 20% and on the other he gained 20%. His gain or loss percent in the entire transaction was
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- 2% loss
- 2% gain
- 4% gain
- 4% loss
Correct Option: D
We can say that when S.P. is same. Hence there is always a loss.
Here,
∴ Loss percent = | 100 |
Loss percent = | = 4% | 100 |