Mathematics · Profit and Loss
A merchant sold two refrigerators for Rs. 10,000 each. On one refrigerator, he incurred a 20% loss, and on the other, he gained 20%. What was his profit/loss percentage on the whole transaction?
- 1Loss of 4%✓
- 2Profit of 2%
- 3Profit of 4%
- 4Loss of 2%
Correct answer
Loss of 4%
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