Question

A person sold two items selling each for `42600. On the first item, he made a loss of 25%, while on the second, he gained 20%. Find his over all percentage gain or loss. (giving your answer correct to one place of decimal.)

• A. 8.2% Loss
• B. 7.7% Profit
• C. 8.3% Loss
• D. 7.7% Loss

Answer 1

Answer: (D)