Railway Recruitment Board Mathematics — Question 1708
Question
A man sells two articles at ₹99 each. On one he gains 10% and on the other he loses 10%. What is his overall result?
- 1% gain
- 1% loss
- no profit no loss
- 2% loss
Correct answer
B — 1% loss
Explanation (English)
When two items are sold at the same price with equal gain and loss percentages, there is always a net loss = (x/10)² % = (10/10)² = 1% loss.
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