A shopkeeper sells two books for the same selling price. He gains 22% on one and loses 22% on the other. What is the net result?

A5.84% Loss

B3.84% Loss

C4.84% Loss

D6.84% Loss

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Answer

6.84% Loss

When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=22. Net Loss = (22/10)^2 = 4.84%.

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