1.

A man sells two articles at 99 each. On one he gains 10% and on the other he loses 10%. What is his loss percent on the whole transaction?

Answer»

1 % loss



If there is a gain of a% and loss of a% in SELLING two ARTICLES for the same cost each, there will be ALWAYS a

loss. Loss PERCENT = a²/100 %.

So, here the loss percent = 10²/100 = 1% Loss.



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