[Cooperative Bank Manager 2021]

4. A man sold two cows for Rs. 40000 each. On the first cow, he gained 8%, whereas on the second, he lost 8%. Find the gain or loss % on the whole transaction.

1. no profit, no loss

2. 4% gain

3. 4% loss

4. 0.64% loss

Correct Answer :

0.64% loss