PU-MET : Panjab University MBA Entrance Exam with MCQ Answers 2013

Practice Mode:
46.

A trader sold two books for Rs.24 each. On one he made a net profit of 25% but on the other he lost 20 %. find the net loss or gain in the overall process.

A: Rs. 10 gain
B: Rs. 10 Loss
C: Rs. 1.2 gain
D: Rs. 1.2 loss

The answer is: D