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A referigerator and a camera were sold f...

A referigerator and a camera were sold for Rs. 12,000 each. The referigerator was sold at a loss of `20%` of the cost and the camera at a gain of `20%` of the cost. The entire transaction results in which one of the following ?

A

No loss or gain

B

Loss of Rs. 1000

C

Gain of Rs. 1000

D

Gain of Rs. 2000

Text Solution

Verified by Experts

The correct Answer is:
B
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