Mathematics · Profit, Loss and Discount
A man sold two plots for Rs. 10,00,000 each. On one he gained 12% profit, while on the other he incurred a 12% loss. Find his overall net profit or loss percentage in the entire transaction.
- 12.25% profit
- 21.00% loss
- 31.44% loss✓
- 42.00% profit
Correct answer
1.44% loss
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