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