Profit and Loss MCQ #004780 with Answer | Exambodh

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|A shopkeeper sells two blankets for the same selling price. He gains 10% on one and loses 10% on the other. What is the net result?

Quantitative Aptitude

MediumQ. No. 004780

A shopkeeper sells two blankets for the same selling price. He gains 10% on one and loses 10% on the other. What is the net result?

Last Updated: 14 Mar 2026

A3.0% Loss

B2.0% Loss

C0% Loss

D1.0% Loss

Correct Answer: 1.0% LossYour Answer: D

Explanation

When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=10. Net Loss = (10/10)^2 = 1.0%.

Important Notes

1.0% Loss ko concept ke saath revise karein.
Profit and Loss ke similar MCQs ko exam practice ke liye repeat karein.
Quantitative Aptitude ke liye ye point quick revision me useful hai.

Profit and Loss

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Answer

1.0% 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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