NIACL Model Paper 5 with solutions for free online practice

Question : 29 of 100

Marks: +1, -0

A man sold two watches, each for ₹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?

1% gain
1% loss
$100/99%$
No gain no loss
None of these

Validate

Solution:

Loss/gain per cent =

[10-10-{10×10}/100]%=-1%

(- sign indicate that there is a loss of 1%)

Go to Question:

Prev Question

Next Question