Arman sells two T.V. at ₹396 each. On 1st he gains 10% and on 2nd he losses 10%. His profit or loss % in the whole transaction is: |
8% profit 1% loss 1% profit 10% loss |
1% loss |
In such cases seller always bears loss Loss % = (\(\frac{10 × 10}{100}\)) % = 1 % loss |