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DIRECTIONS: Passage-3 Read the passage(s) given below and answer the questions that follow. A man sold two pipes at Rs. 12 each. On one he gained 20% and on the other he lost 20%. What is his gain or loss in the whole transaction?

A. Loss of Rs. 1    
B.         gain of Rs. 2
C. gain of Rs. 1    
D.         loss of Rs. 2
Answer» B.         gain of Rs. 2


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