Profit and Loss MCQ #004777 with Answer | Exambodh

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|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.

Quantitative Aptitude

MediumQ. No. 004777

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.

Last Updated: 14 Mar 2026

A6.84% Loss

B5.84% Loss

C3.84% Loss

D4.84% Loss

Correct Answer: 4.84% LossYour Answer: D

Explanation

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%.

Important Notes

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Profit and Loss

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Answer

4.84% Loss

Exam Info

Asked in: SSC, Railway, Banking and other competitive exams.
Also asked in: RRB NTPC, CHSL, State PCS and online mock tests.
Topic: Profit and Loss

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