A man sold some articles at a gain of 10%. He spent his total sale proceeds...

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A man sold some articles at a gain of 10%. He spent his total sale proceeds to purchase such articles again. This time, while selling them, he incurred a loss of 10%. His loss or gain in the transction was: (a) 1% loss (b) '1% gain (c) no profit and no loss (d) 2% loss (e) 2% profit A man sold some articles at a gain of 10%. He spent his total sale proceeds to purchase such articles again. This time, while selling them, he incurred a loss of 10%. His loss or gain in the transction was: (a) 1% loss (b) '1% gain (c) no profit and no loss (d) 2% loss (e) 2% profit

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