Mathematics · Profit and Loss
An article is sold for ₹6,500 so as to earn a profit of 4%. A second article, whose cost price is ₹3,750, is sold at a loss of 4%. What is the overall gain or loss percent in the entire transaction?
- 1Gain 1%✓
- 2Loss 4%
- 3Loss 1%
- 4Gain 4.5%
Correct answer
Gain 1%
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