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The ratio of the cost prices of articles X and Y is 1:2. A man earns a profit of 12% by selling X and incurs a loss of 36% by selling Y. What is his overall gain or loss percentage in the entire transaction?
Loss, 20%
Gain, 20%
Gain, 26.5%
Loss, 24.5%
Loss, 20%
Practice and solve "The ratio of the cost prices of articles X and Y is 1:2. A man earns a profit of 12% by selling X an..." for Mathematics - Previous Year Paper 2025. The correct answer is Option A: Loss, 20%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "The ratio of the cost prices of articles X and Y is 1:2. A man earns a profit of 12% by selling X an..." for Mathematics - Previous Year Paper 2025. The correct answer is Option A: Loss, 20%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.