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|A shopkeeper sells two water bottles for the same selling price. He gains 28% on one and loses 28% on the other. What is the net result?

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A shopkeeper sells two water bottles for the same selling price. He gains 28% on one and loses 28% on the other. What is the net result?

A8.84% Loss

B6.84% Loss

C7.84% Loss

D9.84% Loss

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Answer

9.84% Loss

When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=28. Net Loss = (28/10)^2 = 7.84%.

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