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SSC Sample Paper SSC CGL - Sample Paper-22

  • question_answer
    A man sold two watches, each for Rs. 495. If he gained 10% on one watch and suffered a loss of 10% on the other, then what is the loss or gain percentage in the transaction?

    A) 1%, gain                       

    B) 1%, loss

    C) 100/99%, loss    

    D) No gain no loss

    Correct Answer: B

    Solution :

    \[\therefore \] Loss/gain per cent \[=\left( 10-10-\frac{10\times 10}{100} \right)%=-1%\] \['-'\]  Sign indicate that there is a loss of 1%.


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