Question

A man sold two watches at rs.450 each.he sold one at a loss of 15% and the other at a gain of 15%.his loss or gain is

Answer 1

In such cases there will be always loss. The sp is irrelevant.

Loss% = {(common gain or loss %) / 10}^2 = (15/10)^2 = (1.5)^2 = 2.25 %

Answer 2

2.25% loss in the whole transaction