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Bhavin sold two dogs at same price. In 1 he got a profit of 10% and in the other he got a loss of 10% then what was the loss or profit percentage Bhavin got?1. 2% loss2. no loss or gain3. 1% loss4. 1% profit |
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Answer» Correct Answer - Option 3 : 1% loss Given: Bhavin sold two dogs at same price. In 1 he got a profit of 10% and in the other he got a loss of 10% Formula Used: Loss% = (CP – SP)/CP × 100 Calculation: Here, selling price are same, profit and loss percent are same. In such transactions, there is always loss, Loss percent = 10 × 10/100 = 1% ∴ Loss% is 1% |
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