QQuestion DetailMCQ
A dealer sells two school kits at identical selling prices. One gives him 25% profit and the other results in 25% loss. Calculate the overall percentage loss.
A8.25% Loss
B5.25% Loss
C6.25% Loss
D7.25% 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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