QQuestion DetailMCQ
A trader sells two toys at the same selling price. On one he gains 25% and on the other he loses 25%. Find the overall profit or loss percentage.
A6.25% Loss
B8.25% Loss
C7.25% Loss
D5.25% Loss
Answer
8.25% 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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