Multiple choice general knowledge math & puzzles

Two goods are sold at same price one at a loss of 10% and other at a profit of 10%..Find over all profit/Loss percenatge

  1. Loss,1%

  2. Profit,1%

  3. Loss,2%

  4. Profit,2%
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A Correct answer
Explanation

When two items are sold at the same price, one at a profit of x% and the other at a loss of x%, there is always a net loss given by (x/10)^2. Here, (10/10)^2 = 1% loss.

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