A man sells two chairs at Rs. 120 each and by doing so he gains 25% on one chair

Question

A man sells two chairs at Rs. 120 each and by doing so he gains 25% on one chair and loses 25% on the other. His loss on the whole in Rs. is = ?

Options:

A . 20

B . 16

C . 25

D . 30

Answer: Option B

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