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SSC Quantitative Aptitude Profit and Loss Question Bank Profit Loss and Discount (II)

  • question_answer
    A man sold two houses for Rs. 96000 each. In the sale of the first house, he incurred 20% profit and in the sale of the second, he incurred 20% loss. What is the gain or loss percentage in total?

    A) 6%, Gain

    B) 6%, Loss

    C) 4%, Gain

    D) 4%, Loss

    Correct Answer: D

    Solution :

    [d] Here, \[x=20%\] \[\therefore \] Total percentage loss             \[=\frac{{{x}^{2}}}{100}=\frac{20\times 20}{100}=4%\]


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