3 years ago in Profit & Loss

I sold two watches for Rs. 300 each, one at loss of 20% and other at the profit of 20%. What is the percentage of loss (-) or profit (+) that resulted from the transaction?

[A] (+)4
[B] (-)1
[C] (+)1
[D] (-)4
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A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:

  • [A] A neither losses nor gains
  • [B] A makes a profit of 11%
  • [C] A makes a profit of 20%
  • [D] B loses 20%