QQuestion DetailMCQ
A trader sells two shoes for equal selling prices. On one he makes 12% profit and on the other 12% loss. What is the net loss percentage?
A0.44% Loss
B3.44% Loss
C2.44% Loss
D1.44% Loss
Answer
1.44% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=12. Net Loss = (12/10)^2 = 1.44%.
Related
Related Article
Profit and Loss – Formula, Tricks, and Examples
Open Detailed ArticleCopyright 2026 Exambodh - aptitude, reasoning & verbal practice.