Profit and Loss Questions and Answers – Page 3

This Profit and Loss solved example uses the equal selling price shortcut trick: when one item gains 12% and the other loses 12%, the combined result is always a loss. The step-by-step formula is net loss percentage = (12/10)² = 1.44%. Equal gain and loss percentages do not cancel because the two cost prices are different even though the selling prices are equal. Taking the same selling price for both items and comparing their cost prices confirms the 1.44% loss. Therefore, the net result is 1.44% loss, matching option C.

This Profit and Loss solved example uses the equal selling price shortcut trick: when one item gains 8% and the other loses 8%, the combined result is always a loss. The step-by-step formula is net loss percentage = (8/10)² = 0.64%. Equal gain and loss percentages do not cancel because the two cost prices are different even though the selling prices are equal. Taking the same selling price for both items and comparing their cost prices confirms the 0.64% loss. Therefore, the net result is 0.64% loss, matching option C.

This Profit and Loss solved example uses the equal selling price shortcut trick: when one item gains 12% and the other loses 12%, the combined result is always a loss. The step-by-step formula is net loss percentage = (12/10)² = 1.44%. Equal gain and loss percentages do not cancel because the two cost prices are different even though the selling prices are equal. Taking the same selling price for both items and comparing their cost prices confirms the 1.44% loss. Therefore, the net result is 1.44% loss, matching option C.

This Profit and Loss solved example uses the equal selling price shortcut trick: when one item gains 20% and the other loses 20%, the combined result is always a loss. The step-by-step formula is net loss percentage = (20/10)² = 4%. Equal gain and loss percentages do not cancel because the two cost prices are different even though the selling prices are equal. Taking the same selling price for both items and comparing their cost prices confirms the 4% loss. Therefore, the net result is 4% loss, matching option C.

This Profit and Loss solved example uses the equal selling price shortcut trick: when one item gains 22% and the other loses 22%, the combined result is always a loss. The step-by-step formula is net loss percentage = (22/10)² = 4.84%. Equal gain and loss percentages do not cancel because the two cost prices are different even though the selling prices are equal. Taking the same selling price for both items and comparing their cost prices confirms the 4.84% loss. Therefore, the net result is 4.84% loss, matching option C.

This Profit and Loss solved example uses the equal selling price shortcut trick: when one item gains 28% and the other loses 28%, the combined result is always a loss. The step-by-step formula is net loss percentage = (28/10)² = 7.84%. Equal gain and loss percentages do not cancel because the two cost prices are different even though the selling prices are equal. Taking the same selling price for both items and comparing their cost prices confirms the 7.84% loss. Therefore, the net result is 7.84% loss, matching option B.

This Profit and Loss solved example uses the equal selling price shortcut trick: when one item gains 20% and the other loses 20%, the combined result is always a loss. The step-by-step formula is net loss percentage = (20/10)² = 4%. Equal gain and loss percentages do not cancel because the two cost prices are different even though the selling prices are equal. Taking the same selling price for both items and comparing their cost prices confirms the 4% loss. Therefore, the net result is 4% loss, matching option D.

This Profit and Loss solved example uses the equal selling price shortcut trick: when one item gains 30% and the other loses 30%, the combined result is always a loss. The step-by-step formula is net loss percentage = (30/10)² = 9%. Equal gain and loss percentages do not cancel because the two cost prices are different even though the selling prices are equal. Taking the same selling price for both items and comparing their cost prices confirms the 9% loss. Therefore, the net result is 9% loss, matching option D.

This Profit and Loss solved example uses the equal selling price shortcut trick: when one item gains 22% and the other loses 22%, the combined result is always a loss. The step-by-step formula is net loss percentage = (22/10)² = 4.84%. Equal gain and loss percentages do not cancel because the two cost prices are different even though the selling prices are equal. Taking the same selling price for both items and comparing their cost prices confirms the 4.84% loss. Therefore, the net result is 4.84% loss, matching option C.

This Profit and Loss solved example uses the equal selling price shortcut trick: when one item gains 28% and the other loses 28%, the combined result is always a loss. The step-by-step formula is net loss percentage = (28/10)² = 7.84%. Equal gain and loss percentages do not cancel because the two cost prices are different even though the selling prices are equal. Taking the same selling price for both items and comparing their cost prices confirms the 7.84% loss. Therefore, the net result is 7.84% loss, matching option B.