A trader sells two articles for ₹990 each. On one he gains 10% and on the other he loses 10%. What is his overall gain or loss percentage?

A. 2% loss

B. 1% loss

C. 1% gain

D. No gain, no loss

Doubtly AI Asked 27 Oct 2026 AI-generated · not yet verified ssc cpo Save WhatsApp Report

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Answer: B. 1% loss

Answer: (B) 1% loss

CP of first \(= \frac{990}{1.1} = 900\); CP of second \(= \frac{990}{0.9} = 1100\). Total CP = 2000, total SP = 1980.

Loss = 20 on 2000 = 1%. Shortcut: equal SPs with ±x% always give a loss of \(\frac{x^2}{100}\% = 1\%\).

Doubtly AI · 27 Oct 2026 AI-generated · not yet verified Report

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