QQuestion DetailMCQ
A trader sells two blankets 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
C0.64% Loss
D0% Loss
Answer
0% 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%.
Related
Related Article
Profit and Loss – Formula, Tricks, and Examples
Open Detailed ArticleCopyright 2026 Exambodh - aptitude, reasoning & verbal practice.