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Q.

Ram sells two Mobile Phones at Rs.1000 each. One at a profit of 10% and other at a loss of 10%.

 Find his gain or loss %?

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a

0%

b

1%       gain

c

No loss no gain           

d

1% loss

answer is D.

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Detailed Solution

If selling prices are equal then there is always loss

Profit % = 10%

Loss % = 10%

lossx2100%=100100%=1%loss=1%

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