Mohit purchased a car for Rs. 7,20,000 and sold it at a loss of 10 percent. With that amount he purchased another car and sold it at a gain of 10 percent. What was her overall gain/loss?

Mohit's initial cost price for the first car was 720000, and he sold it at a 10% loss, making the first selling price 648000. He used this amount to buy a second car and sold it at a 10% profit, making the second selling price 648000 multiplied by 1.10, which equals 712800. The overall loss is the initial cost price of 720000 minus the final amount of 712800. The result is an overall loss of 7200.

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