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Answer: D. A loss of 1%

Answer: (D) A loss of 1%

Shortcut: when two items are sold at the same SP with x% gain and x% loss, there is always a loss of \(\frac{x^2}{100}\%\) = 1%.

Plain: CPs are 990 ÷ 1.1 = ₹900 and 990 ÷ 0.9 = ₹1100, total ₹2,000. SP total = ₹1,980, so a loss of ₹20 = 1%.

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