Question

A man sold two watch at 240 each , on one he gained 7% and on the other he lost 7%, find the gain or loss in transaction​

Answer 1

Answer:

Correct option is B)

If two items are sold for same price, one at gain of r%, then there is an overall loss of

100

r

2

%.

Here a man sold two watches each for Rs. 495. He has gained 10% on one watch and loss at 10%, then

Loss % =

100

10×10

%= 1%