Anil sells two houses at the same prices. On one he makes a profit of 10%

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RRB TC CC Exam (Chandigarh) 2008 click here to view all questions

Anil sells two houses at the same prices. On one he makes a profit of 10% and on the other he suffers a loss of 10%. Select the correct statement.

AHe suffers a loss of 1%

BHe makes a profit of 10%

CHe makes a profit of 2%

DHe makes no profit no loss

Nithin K ? Apr 2 '2018 at 21:5

Answer is : He suffers a loss of 1%

Explanation:

In this type of transaction, there is always a loss

 Loss percent =\(\Big (\frac{x^2}{100}\Big)\) =\( \Big[\frac{(10×10) }{ 100}\Big]\)= 1%

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Answer is : He suffers a loss of 1% Explanation: In this type of transaction, there is always a loss  Loss percent =\(\Big (\frac{x^2}{100}\Big)\) =\( \Big[\frac{(10×10) }{ 100}\Big]\)= 1% Nithin K ? answered Apr 2 '2018 at 21:5 All Comments

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