QQuestion DetailMCQ
A dealer sells two books at identical selling prices. One gives him 15% profit and the other results in 15% loss. Calculate the overall percentage loss.
A2.25% Loss
B1.25% Loss
C3.25% Loss
D4.25% Loss
Answer
1.25% 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%.
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