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1.
Alam sold two vehicles for Tk. 46000 each . If he gained 10% on the first and lost 10% on another , then what is his percentage profit or loss in this transaction?
- A. 2% loss
- B. 2% loss
- C. 2% loss
- D. 2% loss
Answer: Option C
Explanation:
Let the profit be X% & loss be Y%.
So, net profit/loss % = X + ( - Y) + X.( - Y)/100 (Negative sign denotes that there is a loss.) = 10 + ( - 10) + 10.( - 10)/100 = - 1 (Negative sign denotes that there is a net loss.)
So, the net loss percentage is 1%.
So, net profit/loss % = X + ( - Y) + X.( - Y)/100 (Negative sign denotes that there is a loss.) = 10 + ( - 10) + 10.( - 10)/100 = - 1 (Negative sign denotes that there is a net loss.)
So, the net loss percentage is 1%.
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