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A man sells two pipes at Rs.12 each. He gains 20% on one and loses 20% on the other. in the whole transaction, there is.

A man sells two pipes at Rs.12 each. He gains 20% on one and loses 20% on the other. in the whole transaction, there is.
1). neither loss nor gain.
2). profit of Rs.1
3). loss of Rs.1
4). Profit of Rs.2

This Question has 2 answers.

option 3 : seems correct

Total S.P= Rs 24 Pipe(Loss):

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S.P = 80% of C.P 12

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= (80/100)*C.P C.P

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= 1200/80 C.P

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= Rs 15 Pipe(Profit) S.P

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= 120% of C.P 12

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= (120/100)*C.P C.P

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= 1200/120 C.P

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= Rs. 10

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Hence, Total C.P = Rs. 25 As C.P>S.P(Loss)

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Loss= C.P- S.P= 25-24= Rs 1

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Hence Ans(3) option

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