Mathematics · Profit and Loss
Naresh bought an article for ₹60,000 and sold it at a loss of 20%. With the amount received from it, he bought another article and sold it at a profit of 25%. What was his gain or loss in the whole transaction?
- 1No profit no loss✓
- 2Gain of ₹2,400
- 3Gain of ₹12,000
- 4Loss of ₹12,000
Correct answer
No profit no loss
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