A merchant sold two refrigerators for Rs. 10,000 each. On one refrigerator, he incurred a 20% loss, and on the other, he gained 20%. What was his profit/loss percentage on the whole transaction?
Correct Answer :
Loss of 4%
Access expert-curated educational resources and study materials—completely free.
Create, conduct, and manage professional online assessments with Mindyard. Perfect for teachers and institutes.
Copyright © 2026 Mindyard. All Rights Reserved.