Question 34

A shopkeeper sells two watches for Rs308 each. On one he gets 12% profit and on the other 12% loss. His profit or loss in the entire transaction was

Solution

Loss percent
= [$$\frac{loss}{10}$$]2 %
= [$$\frac{12}{10}$$]2 %
= $$\frac{36}{25}$$ %
= 1$$\frac{11}{25}$$ %

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