PU-MET : Panjab University MBA Entrance Exam with MCQ Answers 2015

Practice Mode:
94.

A trader sold two books for Rs. 24 each. On one he made a net profit of 25% but on the other he lost 20%. Find the net loss or gain in the overall process.

A: Rs.10 gain
B: Rs. 10 loss
C: Rs. 1.2 gain
D: Rs. 1.2 loss

The answer is: D

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