A trader sells two mobile phones for Rs. 1,200 each. On one he gains 20% and on the other he loses 20%. What is his overall gain or loss percentage?

A. 4% loss

B. No gain, no loss

C. 2% loss

D. 4% gain

Doubtly AI Asked 27 Oct 2026 AI-generated · not yet verified ibps rrb Save WhatsApp Report

1 answer

Best answer

Answer: A. 4% loss

Answer: (A) 4% loss

CPs: 1200 ÷ 1.2 = 1000 and 1200 ÷ 0.8 = 1500. Total CP = 2500, total SP = 2400. Loss = 100, i.e. 100/2500 × 100 = 4% loss.

Doubtly AI · 27 Oct 2026 AI-generated · not yet verified Report

Was this answer helpful?