QQuestion DetailMCQ
A shopkeeper sells two jackets for the same selling price. He gains 25% on one and loses 25% on the other. What is the net result?
A6.25% Loss
B5.25% Loss
C7.25% Loss
D8.25% Loss
Answer
5.25% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=25. Net Loss = (25/10)^2 = 6.25%.
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