A) 1% loss
B) 1% gain
C) No loss no gain
D) 2% loss
Correct Answer: A
Solution :
By using the rule, When there is a profit of x % and loses of y% then the resultant Profit/loss \[=\left( x-y-\frac{xy}{100} \right)%\] Here, \[x=y=10%\] Profit/loss \[=\left( 10-10-\frac{10\times 10}{100} \right)%=-1%\] Negative sign represent, there is a loss of 1%You need to login to perform this action.
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