Profit and Loss MCQ #004781 with Answer | Exambodh

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|A trader sells two clocks for equal selling prices. On one he makes 30% profit and on the other 30% loss. What is the net loss percentage?

Quantitative Aptitude

MediumQ. No. 004781

A trader sells two clocks for equal selling prices. On one he makes 30% profit and on the other 30% loss. What is the net loss percentage?

Last Updated: 14 Mar 2026

A8.0% Loss

B10.0% Loss

C9.0% Loss

D11.0% Loss

Correct Answer: 11.0% LossYour Answer: D

Explanation

When gain% and loss% are equal and SP is same, Net Loss% = (x/10)^2. Here x=30. Net Loss = (30/10)^2 = 9.0%.

Important Notes

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Profit and Loss

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Answer

11.0% 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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