2 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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If selling price of 16 items is same as the cost price of 20 items, then there is a

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  • [C] gain of 20%
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