Question

A man buys 2 watches each costing Rs.x. He sells one watch at a gain of 9% and the
other at a loss of 9 %. Find his net loss or gain percent.

Answer 1

Answer:

The man would have no loss or profit as CP of both the watches are the same and the are sold at the same percent of loss and profit.

Answer 2

Answer: when goods are sold at same price one at a loss of 9% and other at a profit of 9% there is always a loss incurred.

Overall loss would be 9x9/100= 81/100= 0.81%