Question
Quantitative Aptitude Question on Profit and Loss
A man sold two boxes of apples for Rs. 400 each. On one he gained a 20% profit, and on the other he incurred a 20% loss. What was his net gain or loss in the whole transaction?
A
Rs. 22.23
B
Rs. 25.50
C
Rs. 23.22
D
Rs. 21.70
Answer
Rs. 22.23
Explanation
Solution
The correct answer is (A): Rs. 22.23