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A man sold two houses for Rs. 7.81 lakhs each. On one he gained 5% and on the other he lost 5%. What percent is the effect of the sale on the whole?

Correct Answer: 0.25% loss

Explanation:

Loss% ( common gain or loss % / 10)2
= ( 5/10 )2 = 1/4 % = 0.25%


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