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  5. Profit and Loss

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

  • question_answer
    A person sells two machines at Rs. 396 each. On one he gains 10% and on the other he losses 10%. Its profit or loss in the whole transaction is

    A) no gain, no loss

    B) 1% loss

    C) 1% profit

    D) 8% profit

    Correct Answer: B

    Solution :

    [b] In this type of transaction, there is always a loss whose percentage \[=\frac{{{(10)}^{2}}}{100}=1%\]


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