Multiple choice

If a man sells two articles for Rs 100 each and gains 10% on first article and loses 10% on second article. Find overall gain or loss percent ?

  1. Profit of 1%

  2. Loss of 1%

  3. No gain No loss

  4. Profit of 2%

  5. Loss of 2 %
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

When selling two articles at the same price with a gain of x% and a loss of x%, the overall result is always a loss of (x/10)^2 percent. Here, (10/10)^2 = 1% loss.

AI explanation

When two articles are sold at the same price with a gain of x percent and a loss of x percent, the net result is always a loss calculated by the formula x squared divided by 100. Here, both the gain and loss are 10 percent. Applying the same selling price loss formula, 10 squared divided by 100 gives an overall loss of 1 percent.

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