A dealer sells two scooters at Rs 9900 each, gaining 10% on one and losing 10% on the other. Net outcome?
ALoss of 2%
BLoss of 1%
CGain of 1%
DNo loss
Answer & Solution
Correct answer: B. Loss of 1%
Costs are 9000 and 11000 (total 20000) against receipts of 19800, a loss of 1 percent.
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