QQuestion DetailMCQ
Two water bottles are sold at the same price. The seller gains 18% on one and loses 18% on the other. Find the overall profit or loss percent.
A4.24% Loss
B3.24% Loss
C5.24% Loss
D2.24% Loss
Answer
5.24% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=18. Net Loss = (18/10)^2 = 3.24%.
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