QQuestion DetailMCQ
A shopkeeper sells two bags for the same selling price. He gains 28% on one and loses 28% on the other. What is the net result?
A7.84% Loss
B9.84% Loss
C6.84% Loss
D8.84% Loss
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%.