Mathematics · Profit and Loss
Ramesh bought an article for Rs. 60,000 and sold it at a loss of 20%. With the amount received, he bought another article and sold it at a profit of 25%. Calculate his total profit or loss.
- 1Profit of Rs. 240
- 2Profit of Rs. 12,000
- 3No profit or loss✓
- 4Loss of Rs. 12,000
Correct answer
No profit or loss
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