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A pet shop owner sells two puppies at the same price. On one he makes a profit of 20% and on the other he suffers a loss of 20%. Find his loss or gain per cent on the whole transaction.
  • a)
    Gain of 4%
  • b)
    No profit no loss
  • c)
    Loss of 10%
  • d)
    Loss of 4%
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?
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A pet shop owner sells two puppies at the same price. On one he makes ...
 
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A pet shop owner sells two puppies at the same price. On one he makes ...
Let's assume that the cost price of each puppy is $100.

For the first puppy, the shop owner makes a profit of 20%, which means he sells it for $120.

For the second puppy, the shop owner suffers a loss of 20%, which means he sells it for $80.

Total cost price = $200
Total selling price = $120 + $80 = $200

Therefore, there is no profit or loss on the whole transaction.

Hence, the correct answer is option 'B'.
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A pet shop owner sells two puppies at the same price. On one he makes ...
 
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A pet shop owner sells two puppies at the same price. On one he makes a profit of 20% and on the other he suffers a loss of 20%. Find his loss or gain per cent on the whole transaction.a)Gain of 4%b)No profit no lossc)Loss of 10%d)Loss of 4%e)None of theseCorrect answer is option 'D'. Can you explain this answer?
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A pet shop owner sells two puppies at the same price. On one he makes a profit of 20% and on the other he suffers a loss of 20%. Find his loss or gain per cent on the whole transaction.a)Gain of 4%b)No profit no lossc)Loss of 10%d)Loss of 4%e)None of theseCorrect answer is option 'D'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A pet shop owner sells two puppies at the same price. On one he makes a profit of 20% and on the other he suffers a loss of 20%. Find his loss or gain per cent on the whole transaction.a)Gain of 4%b)No profit no lossc)Loss of 10%d)Loss of 4%e)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A pet shop owner sells two puppies at the same price. On one he makes a profit of 20% and on the other he suffers a loss of 20%. Find his loss or gain per cent on the whole transaction.a)Gain of 4%b)No profit no lossc)Loss of 10%d)Loss of 4%e)None of theseCorrect answer is option 'D'. Can you explain this answer?.
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