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Railways PYQCBT 1 2020

RRB NTPC · Question 62

A shopkeeper sold two toys for Rs. 990 each. On the first toy he gained 10% and on the second he lost 10%. Find the total percentage gain or loss.

  1. 10% Loss

  2. 10% Gain

  3. 1% Loss

  4. 1% Gain

Show answer & explanation

Answer: (C) 1% Loss

Explanation

When two articles are sold at the same price, one at x% gain and the other at x% loss, the net result is a loss of x²/100 % = 100/100 = 1%.