QQuestion DetailMCQ
A trader sells two headphones for equal selling prices. On one he makes 12% profit and on the other 12% loss. What is the net loss percentage?
A0.44% Loss
B2.44% Loss
C1.44% Loss
D3.44% Loss
Answer
3.44% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=12. Net Loss = (12/10)^2 = 1.44%.
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