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1.
Aalm sold tow 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:
In the case where loss and gain percentage is common on same selling price, always a loss incurs in total deal. And this can be calculated by a short - cut: Loss on total deal, = (Common loss or gain percentage/10)^2 = (10/10)^2 = 1%
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