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Bhuvnesh sell two tape recorders at the same price. On one, he gains 10% and on the other he loses 10%. The total gain or loss in the transaction is = ?

A. 1% gain

B. 1% loss

C. No loss or gain

D. 2% loss

Answer: Option B

Solution (By Examveda Team)

In such type of question always loss
$$\frac{{P\% \times L\% }}{{100}} = \frac{{10 \times 10}}{{100}} = 1\% \,{\text{loss}}$$

This Question Belongs to Arithmetic Ability >> Profit And Loss

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