QQuestion DetailMCQ
A trader sells two calculators at the same selling price. On one he gains 8% and on the other he loses 8%. Find the overall profit or loss percentage.
A2.64% Loss
B1.64% Loss
C0% Loss
D0.64% Loss
Answer
0.64% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=8. Net Loss = (8/10)^2 = 0.64%.
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