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- If a trader sold two cars each at Rs.
Question 1:
If a trader sold two cars each at Rs. 325475 and gains 12% on the first and loses 12% on the second,then his profit or loss percent on the whole is?
A. 1.44% loss
Feedback SP of each car is Rs. 325475, he gains 12% on first car and losses 12% on second car.
In this case, there will be loss and percentage of loss is given by = [(profit%)(loss%)]/100 = (12)(12)/100 % = 1.44%
In this case, there will be loss and percentage of loss is given by = [(profit%)(loss%)]/100 = (12)(12)/100 % = 1.44%
B. 14.4% loss
C. 1.54% loss
D. 1.94% loss
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