1.

A refrigerator and a camera were sold for rs 12000 each. The refrigerator was sold at a loss of 20% of the cost and the camera at a gain of 20% of the cost. The entire transaction results in which one of the following?

A. No loss or gain
B. Loss of 2000
C. Loss of rs 1000
D. Gain of 1000
Answer» D. Gain of 1000


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