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Aptitude
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Verbal Reasoning
Computer Science
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Profit and Loss
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 of gain percentage in the transaction?
1 % gain
1% loss
100/99% loss
Neither gain nor loss
Show Answer
Correct Answer:
1% loss
Explanation:
Loss % = (a/10)
2
%
= (10/10)
2
%
= 1%
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