QQuestion DetailMCQ
A trader sells two school kits for equal selling prices. On one he makes 25% profit and on the other 25% loss. What is the net loss percentage?
A6.25% Loss
B7.25% Loss
C8.25% Loss
D5.25% Loss
Answer
7.25% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=25. Net Loss = (25/10)^2 = 6.25%.
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