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|A trader sells two toys for equal selling prices. On one he makes 22% profit and on the other 22% loss. What is the net loss percentage?

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A trader sells two toys for equal selling prices. On one he makes 22% profit and on the other 22% loss. What is the net loss percentage?

A4.84% Loss

B5.84% Loss

C3.84% Loss

D6.84% Loss

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Answer

5.84% 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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