Anil sells two houses at the same prices. On one he makes a

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RRB TC CC Exam (Patna) 2006 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 mades a profit of 2%

DHe makes no profit no loss

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Answer is : He suffers a loss of 1% Explanation: % Final Loss = $\frac{\%loss \text{ } \times \text{ } \% \text{gain}}{100}$ = $\frac{10 \times 10}{100}$ = 1% loss. Akilesh Kharvi ? answered Wed Oct 26 2016 12:30:00 GMT+0530 (IST) All Comments

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