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A furniture seller sells two tables at Rs. 1500 each. He earned a profit of 20% on one table and suffered a loss of 20% on the another table. Net profit or loss in this deal is ?
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- 4% loss
- 4% profit
- Neither loss nor profit
- 10% loss
Correct Option: A
Overall loss % = (a2/100) % = (202/100) % = 4%
Thus, seller gets 4% loss in the deal.