QQuestion DetailMCQ
A shopkeeper sells two tiffin boxes for the same selling price. He gains 12% on one and loses 12% on the other. What is the net result?
A3.44% Loss
B0.44% Loss
C1.44% Loss
D2.44% Loss
Answer
2.44% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=12. Net Loss = (12/10)^2 = 1.44%.
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