Arithmeticmedium · Past Paper
A man sells two houses at Rs. 99,000 each. On one he gains 10% and on other he loses 10%. His net result is?
ANo profit no loss
B1% gain
C1% loss
D2% loss
✓ Correct Answer: C — 1% loss
In such cases, there is always a loss of (x^2 / 100)% = (10^2 / 100) = 1% loss.
Share this question
More from Arithmetic
- What is the sum of money that amounts to Rs 1100 in 2 years at 5% simple interest?
- If the difference between CI and SI on a certain sum for 2 years at 4% is Rs 1, find the sum.
- In simple interest, the principal ______ every year.
- If x is 20% more than y, what is the ratio x:y?
- A ratio is a comparison of two quantities of: