If a trader sold two cars each at Rs. 325475 and gains 14% on the first and loses 14% on the second, then his profit or loss percent on the whole is?  Choose the correct answer.
A) 1.44% B) 1.74% C) 1.84% D) 1.96% E) 1.24%
SP of each car is Rs. 325475, he gains 14% on first car and losses 14% on second car.   In this case, there will be loss and percentage of loss is given by   = [(profit%)(loss%)]/100   = (14)(14)/100 % = 1.96%   Answer:1.96%
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If a trader sold two cars each at Rs. 325475 and gains 14% on the first and loses 14% on the second, then his profit or loss percent on the whole is?