Mayawati buys two elephants for 40,000 each, She sells one at a profit of

Question

20 %

and other at a loss of

20 %

. What is her profit/ loss percentage?

Options:

A . 4% profit

B . 4% loss

C . 10% loss

D . No profit, No loss

Answer: Option D
:
D
20% of 40,000 = 8000.
Profit = loss = 8000.
Hence, No Profit, No loss; Option (d).

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