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A furniture seller sells two tables ₹ 1500 each. He earned a profit of 20% on one table and suffered a loss of 20% on the another table. Net profit or loss in this deal is

Correct Answer: 4% loss

Explanation:

Required loss = (a/10)2%
= (20/10)2% = 4%
Thus, seller gets 4% loss in the deal.


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