Multiple Choice Questions on A person sells two items each at Rs 990 one at profit 10 and another at loss 10 What is the com........... for CDS Exam Preparation

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Multiple Choice Questions

A person sells two items each at Rs 990 one at profit 10 and another at loss 10 What is the com...........

Quantitative Aptitude (CDS) Profit and loss
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    A person sells two items each at Rs. 990, one  at profit 10% and another at loss 10%.What is the combined % of profit or loss for the two items?

    1% loss

    Correct Answer

    1% profit

    Incorrect Answer

    No profit No loss

    Incorrect Answer

    0.5% profit

    Incorrect Answer
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    Explanation:

    Net profit/loss=10+10-(10*10)/100=-1
    - 1 implies Loss of 1%

    By: Munesh Kumari
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