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A shopkeeper bought a table and a chair for Rs. 8,000 each. He sold them and made a profit of $$8\%$$ on the table and incurred a loss of $$4\%$$ on the chair. The gain percent on the whole transaction is
The total cost price is $$2 \times 8000 = 16000$$ rupees. The profit on the table is $$640$$ rupees and the loss on the chair is $$320$$ rupees, so the net gain is $$320$$ rupees. The gain percent is $$\frac{320}{16000} \times 100 = 2\%$$.
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