A man sold two flats for Rs. 4.15 lakhs each. On one he gained 2% and on the other he lost 2%. What percent is the effect of the sale on the whole ?

Q: A man sold two flats for Rs. 4.15 lakhs each. On one he gained 2% and on the other he lost 2%. What percent is the effect of the sale on the whole ?

In this type cases we always have loss only. Loss% = C o m m o n G a i n o r L o s s 10 2 = 2 10 2 = 1/25 = 0.04 %

0.25 %
0.04 %
0.5 %
0 %

Correct Answer: 0.04 %

Explanation:

In this type cases we always have loss only.

Loss% = $\frac{C o m m o n G a i n o r L o s s}{10} 2$ = $\frac{2}{10} 2$ = 1/25 = 0.04 %

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