A man sold 2 chairs for rs 500 each. On one he gains 12 % and on other h gains 8% w hat is his net profit or loss.
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1st chair gain=12℅ of 500=60
2nd chair gain = 8℅ of 500=40
here, he got profit
so, net profit= 60+40=100
2nd chair gain = 8℅ of 500=40
here, he got profit
so, net profit= 60+40=100
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