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Discussion :: Profit and Loss

  1. A man sold two houses for Rs. 7.8 lakhs each. On the one, he gained 5% and on the other, he lost 5%. What percent is the effect of the sale on the whole?
  2. A.
    0.25 % loss
    B.
    0.25 % gain
    C.
    25% loss
    D.
    25% gain

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    Workspace

    Answer : Option A

    Explanation :

    Loss% = (5/10)2 = ¼% = 0.25%


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