MCQOPTIONS
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| 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 | |