QQuestion DetailMCQ
A trader sells two lamps for equal selling prices. On one he makes 30% profit and on the other 30% loss. What is the net loss percentage?
A8.0% Loss
B9.0% Loss
C10.0% Loss
D11.0% Loss
Answer
10.0% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=30. Net Loss = (30/10)^2 = 9.0%.
Related
Related Article
Profit and Loss – Formula, Tricks, and Examples
Open Detailed ArticleCopyright 2026 Exambodh - aptitude, reasoning & verbal practice.