Arithmetic Ability
Profit and Loss

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Q.

A dealer sold two of his cattle for Rs. 500 each. On one of them he lost 10% on the other, he gained 10%. His gain or loss percent in the entire transaction was:

View Answer

Correct choice: B

Explanation:

Loss%= (common gain or loss % / 10)2 = (10/10)² % = 1%.
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