Sahi sells two T.V. at Rs.396 each. On 1st he gains 16% and on 2nd he losses 16%. His profit or loss % in the whole transaction is:

2.56 % loss 2 % loss 2.16 % loss 2.5 % loss

2.56 % loss

In such cases seller always bears loss Loss % = (\(\frac{16 × 16}{100}\)) %            = 2.56 % loss