QQuestion DetailMCQ
A dealer sells two belts at identical selling prices. One gives him 10% profit and the other results in 10% loss. Calculate the overall percentage loss.
A0% Loss
B3.0% Loss
C2.0% Loss
D1.0% Loss
Answer
1.0% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=10. Net Loss = (10/10)^2 = 1.0%.
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