Question

A man sold 2 articles at $ 1000 each and got 10% profit on one article and 10% loss on other article. What is his net gain or loss % in whole transaction

Answer 1

Answer:

First article:

profit% = 10%

profit = (10/100)x1000

= $100

                     

Second article:

loss% = 10%

loss = (10/100)x1000

=$100

Loss = Profit

Therefore, No profit nor loss

Step-by-step explanation: