a man sold two cycles for rs 3000 each,gaining 20% on one and losing 20% on the other.find his gain or loss percentage on the whole transaction
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gain = Rs.600
selling price with 20% gain = Rs.3600
loss = Rs.720
selling price with 20% loss = Rs.2880
cost price > selling price
loss = cost price - selling price
= Rs.3000 - Rs.2880
= Rs.120
loss% = 120/3000*100
= 4%
he sold sold his cycle with 4% loss.
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1
Answer: 0% profit. 0% loss
Step-by-step explanation:
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