A man sells two horses for Rs. 1 each. On one he gains 25% and on other he losses 25%. His total gain or loss percent is,

A. loss 6%

B. gain 6.25%

C. loss 6.25%

D. gain 6%

Solution(By Examveda Team)

In such case where loss and gain precentages are equal at same selling price, always a loss accurs.

We can find it through a short-cut formula.

(Loss or gain percentage /10)^2

= (25/10)^2

= 6.25% loss.