A carpenter builds 2 chairs each have same production cost . He marked the price of one chair at Rs. 1200 but gave a 10% discount at the time of selling and earned a profit of 8%. He sold the second chair at Rs. 1100. Find his overall profit or loss percentage by selling both chairs.
1
8% profit
2
8% loss
3
9% profit
4
9% loss
5
No profit or loss suffered