A dealer sells two kitchen tools at identical selling prices. One gives him 8% profit and the other results in 8% loss. Calculate the overall percentage loss.
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This Profit and Loss question develops correct identification of cost price, selling price, marked price, discount and the relevant percentage base in “A dealer sells two kitchen tools at identical selling prices. One gives him 8% profit and the other results in 8% loss. Calculate the overall percentage loss.”. The worked explanation retains the original numerical relationship, verifies 0% Loss, and distinguishes common traps such as reversing CP and SP, adding successive rates or confusing discount with loss. It is designed for SSC, Railway, Banking, State examinations and other quantitative aptitude tests where accurate interpretation must accompany fast calculation.