QQuestion DetailMCQ
Two belts are sold at the same price. The seller gains 28% on one and loses 28% on the other. Find the overall profit or loss percent.
A7.84% Loss
B9.84% Loss
C8.84% Loss
D6.84% Loss
Answer
9.84% Loss
When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=28. Net Loss = (28/10)^2 = 7.84%.
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