Mathematics · Profit and Loss
Hari purchased two watches for Rs. 2500 each. He sold them, gaining 5% on one and incurring a loss of 4% on the other. What is his overall gain or loss percent in the whole transaction?
- 1Loss, 0.5%
- 2Gain, 0.5%✓
- 3Loss, 1%
- 4Gain, 1%
Correct answer
Gain, 0.5%
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