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|A trader sells two wallets for equal selling prices. On one he makes 25% profit and on the other 25% loss. What is the net loss percentage?

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QQuestion DetailMCQ

A trader sells two wallets for equal selling prices. On one he makes 25% profit and on the other 25% loss. What is the net loss percentage?

A7.25% Loss

B5.25% Loss

C8.25% Loss

D6.25% Loss

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Answer

6.25% 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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