Question

Anthony sells his two cars at the rate of $5 lacs each. On one car he gains 2% while on other car he incurs a loss of 2%. Find his loss/gain in whole transaction.

Answer 1

The overall loss if he sold both cars would be 0, if he sells one for 2% and gains, and then losses 2% the overall loss/gain would be 0.

Answer 2

im confused

Answer 3

The two equal percent loss and gain cancel each other out, leaving a 0% gain, and 0% loss

Answer 4

Oh okay thanks

Answer 5

No problem :)