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Q.

Ram sold two horses at the same price, in one be gets a profit I 0% and in the other he gets a loss of 10%. Then Ram gets

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a

1% loss

b

no loss or profit

c

1% profit

d

2% loss

answer is D.

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Detailed Solution

Since the selling price is same for each article there is

a loss of $\frac{(10)^{2}}{100} % = 1 %$ $∴ 1 % loss$

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