QQuestion DetailMCQ
A shopkeeper sells two school kits for the same selling price. He gains 18% on one and loses 18% on the other. What is the net result?
A5.24% Loss
B4.24% Loss
C2.24% Loss
D3.24% Loss
Answer
3.24% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=18. Net Loss = (18/10)^2 = 3.24%.
Related
Related Article
Profit and Loss – Formula, Tricks, and Examples
Open Detailed ArticleCopyright 2026 Exambodh - aptitude, reasoning & verbal practice.