Sahi sells two T.V. at Rs.526 each. On 1

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Sahi sells two T.V. at Rs.526 each. On 1st he gains 31% and on 2nd he losses 31%. His profit or loss % in the whole transaction is:

Options:

5.76% loss

9.61% loss

10.24% loss

12.25% loss

Correct Answer:

9.61% loss

Explanation:

In such cases seller always bears loss

Loss % = ($\frac{31 × 31}{100}$) %

= 9.61% loss