Profit and Loss on Arithmetic Aptitude related Questions and Answers

Question :   A man sold two chairs at ₹ 1,200 each. On one he gained 20% and on the other he lost 20%. His gain or loss in the whole transaction is 1. 1% loss 2. 2% loss 3. 4% loss 4. 15 gain Answer :   3 - 4% loss