A shopkeeper sells two watches for Rs. 300 each. On one he gains 20% and on the other, he loses 20%. His gain or loss percent in the whole transaction is :
Question
Solution 1
To solve this problem, we need to understand that when two items are sold at the same price, one at a gain of x% and the other at a loss of x%, the seller always incurs a loss, irrespective of the value of x. This is a standard result in profit and loss problems.
Here's the step-by-step solution:
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