QQuestion DetailMCQ
A trader sells two clocks at the same selling price. On one he gains 22% and on the other he loses 22%. Find the overall profit or loss percentage.
A6.84% Loss
B5.84% Loss
C3.84% 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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