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$$\frac{{P\% \times L\% }}{{100}} = \frac{{10 \times 10}}{{100}} = 1\% \,{\text{loss}}$$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250

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