I sold two watches for Rs. 300 each, one at loss of 20% and other at the profit of 20%. What is the percentage of loss (-) or profit (+) that resulted from the transaction?
A. (+)4 B. (-)1 C. (+)1 D. (-)4 Answer: Option DShow Answer
Solution(By Apex Team)
In such cases, always loss occurs. It can be calculated by this formula,
$\begin{array}{l}=\frac{\text{ (loss or gain percentage) }^2}{100}=4\\
i.e\ 4\%\ \text{of loss}\end{array}$
[oceanwp_library id=”6244″]
