A shopkeeper buys two articles for Rs.1000 each and then sells them, making 20% profit on the first article and 20% loss on second article. Find the net profit or loss percent? Answers.
A) neither profit nor loss	B) 1%	C) 7%	D) 6%	E) 9%
Explanation:   Profit on first article = 20% of 1000 = 200.   This is equal to the loss he makes on the second article. That, is he makes neither profit nor loss.   neither profit nor lossnswer: neither profit nor loss
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A shopkeeper buys two articles for Rs.1000 each and then sells them, making 20% profit on the first article and 20% loss on second article. Find the net profit or loss percent?