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A dealer sold two T.V. sets for Rs. 3700 each. on one he gained 10% and one other he lost 10%. The dealer's loss or gain per cent is?

0%
0.1%
1% gain
1% loss

Correct Answer: 1% loss

Explanation:

Loss% = (Common gain or loss% / 10)²
= (10 / 10)² = 1%

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