A man sells two tables at the same price. On one he makes a profit of

1.	A man sells two tables at the same price. On one he makes a profit of 10% and on the other he suffers a loss of 10%. His loss percent on the whole transaction is
Answer» 1 % loss Note: If there is an INCREASE and decrease same percent, say,”a%” then there is ALWAYS a loss of a²/100. Therefore, in this PROBLEM, a = 10, and therefore, loss percent = 10²/100 = 1% loss.

A man sells two tables at the same price. On one he makes a profit of 10% and on the other he suffers a loss of 10%. His loss percent on the whole transaction is

Answer»

1 % loss

Note: If there is an INCREASE and decrease same percent, say,”a%” then there is ALWAYS a loss

of a²/100.

Therefore, in this PROBLEM, a = 10, and therefore, loss percent = 10²/100

= 1% loss.

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A man sells two tables at the same price. On one he makes a profit of 10% and on the other he suffers a loss of 10%. His loss percent on the whole transaction is

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