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Ram sold two horses at the same price. In one he gets a profit of 10% and in the other he gets a loss of 10%. Then Ram gets.

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Ram sold two horses at the same price. In one he gets a profit of 10% and in the other he gets a loss of 10%. Then Ram gets.
1). 2% loss
2). No loss or profit
3). 1% loss
4). 1% profit

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2 answers

4 vote
Answered by on | Votes 4 |
No loss or profit : option 3 is the correct answer

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1 vote
Answered by on | Votes 1 |
Here, selling prices are same profit- loss percent are same, In such transactions, there is always loss. Loss percent=$\frac{10\times 10}{100}= 1$%




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