Profit and Loss Practice Test 5

Question : 34 of 40

Marks: +1, -0

A man sold two houses for Rs 96,000 each,in the sale of the first house, he in curred 20%profit and in the sale of the second, he incurred 20% loss. What is the gain per cent or loss per cent in total?

6% gain
6% loss
4% gain
4% loss

Validate

Solution:

\table \SP ,\Profit ,\Loss;\Rs 96000 \each ,20% ,20%

Gain/ Loss%

= {20×20}/100=4%

Loss = 4%

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