TET 2024Medium
Q.A person invested a certain amount in the business. He earned a profit of 20%. He invested entire amount including profit in another business, where he incurred a loss of 20%. In the entire process what was the percent profit or loss?
a
5% profit
b
24% loss
c
4% loss
d
0% profit
Correct Answer: Option C
The correct solution involves applying the fundamental concept to derive the final value step by step...