QQuestion DetailMCQ
A shopkeeper sells two school kits for the same selling price. He gains 22% on one and loses 22% on the other. What is the net result?
A6.84% Loss
B3.84% Loss
C5.84% Loss
D4.84% Loss
Answer
4.84% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=22. Net Loss = (22/10)^2 = 4.84%.
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