QQuestion DetailMCQ
A trader sells two kitchen tools at the same selling price. On one he gains 22% and on the other he loses 22%. Find the overall profit or loss percentage.
A6.84% Loss
B3.84% Loss
C5.84% Loss
D4.84% Loss
Answer
4.84% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=22. Net Loss = (22/10)^2 = 4.84%.
Related
Related Article
Profit and Loss – Formula, Tricks, and Examples
Open Detailed ArticleCopyright 2026 Exambodh - aptitude, reasoning & verbal practice.