QQuestion DetailMCQ
A trader sells two clocks at the same selling price. On one he gains 5% and on the other he loses 5%. Find the overall profit or loss percentage.
A0% Loss
B0.25% Loss
C2.25% Loss
D1.25% Loss
Answer
2.25% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=5. Net Loss = (5/10)^2 = 0.25%.
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