A man sells two articles each for 240. He sells one at a profit of 20% and sells the second at a loss of 25%. What is the net profit or loss in the whole transaction?

A man sells two articles each for 240. He sells one at a profit of 20%

1.	A man sells two articles each for 240. He sells one at a profit of 20% and sells the second at a loss of 25%. What is the net profit or loss in the whole transaction?
A.	9.09% Profit
B.	7.69% Profit
C.	7.69% Loss
D.	7.68% Loss
Answer» D. 7.68% Loss

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A man sells two articles each for 240. He sells one at a profit of 20% and sells the second at a loss of 25%. What is the net profit or loss in the whole transaction?

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