QQuestion DetailMCQ
A trader sells two calculators for equal selling prices. On one he makes 15% profit and on the other 15% loss. What is the net loss percentage?
A1.25% Loss
B3.25% Loss
C2.25% Loss
D4.25% Loss
Answer
4.25% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=15. Net Loss = (15/10)^2 = 2.25%.