A shopkeeper sold two articles for Rs. 9961 each. On one, he gained 24% and on the other, he lost 24%. What is the overall gain or loss %?
Answer & explanation
Correct answer: option 3
Overall gain or loss = x + y - \(\frac{xy}{100}\)
= +24 + (-24) - \(\frac{24×24}{100}\) = -5.76% or loss of 5.76%