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 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?

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 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?

A). 1 % loss

B). 3 % loss

C). 5 % loss

D). 8 % loss


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Answered by on | Votes 0 |

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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