Q145
Raju purchased an item for Rs. 8200 and sold it at a gain of 25% . From that amount he purchased another item and sold it at a loss of 20% . What is his overall gain loss ?
A.
Loss of Rs. 120
B.
Gain of Rs. 120
C.
Loss of Rs. 140
D.
Neither loss nor gain
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Since initial investment = final receipt, there was neither gain nor loss.