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A man sells two articles for ₹960 each. On one he gains 20% and on the other he loses 20%. What is his total loss in the whole transaction (in ₹)?

Competition practiceProfit, Loss & Discount
  • A96
  • B40
  • C80
  • D0

Step-by-Step Solution

CP of first = 960/1.20 = 800, CP of second = 960/0.80 = 1200. Total CP = 2000, total SP = 1920, loss = ₹80.
Answer: C) 80

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