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1 Directions: In each question below, choose the correct alternative from the four options provided.


Last year Mr Basu bought two scooters. This year he sold both of them for Rs 30,000 each. On one, he earned 20% profit, and on the other he made a 20% loss. What was his net profit or loss?
He gained less than Rs 2000
He gained more than Rs 2000
He lost less than Rs 2000
He lost more than Rs 2000
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