A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss?
Q1. A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss?
Answer: 9% loss
Explanation: When two articles are sold at the same price with equal and opposite profit/loss percentages, the overall result is always a loss equal to (percentage²/100)% = 30²/100 = 9% loss.