Mr. Mittal purchased a car for Rs. 3,00,000 and a bike for his son for Rs. 1,00,000. He sold the car at a profit of 10% and bike at a loss of 20%. What is the net gain or loss?

1)2%gain

2)1.5%loss

3)2.5% loss

4)2.5% gain


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    2.5% gain

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  • Exam: Profit and Loss QUESTIONS





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