Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Selling price of two articles is same. 1st is sold at 10% profit and 2nd is sold at 10% loss. Find overall profit or loss percent.

Options:

1% profit

1% loss

21% profit

21% loss

Correct Answer:

1% loss

Explanation:

In these cases seller always bear loss

   Loss % = (\(\frac{10 × 10}{100}\)) = 1 % loss