Multiple Choice Questions on A trader sells two computers at the same price making a profit of 30 on one and a loss of 30 on the ........... for CDS Exam Preparation

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Multiple Choice Questions

A trader sells two computers at the same price making a profit of 30 on one and a loss of 30 on the ...........

Quantitative Aptitude (CDS) Profit and loss
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    A trader sells two computers at the same price ,making a profit of 30% on one and a loss of 30% on the other. What is the net loss or profit percentage on the transection?

    6% loss

    Incorrect Answer

    6% gain

    Incorrect Answer

    9% loss

    Correct Answer

    9% profit

    Incorrect Answer
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    Explanation:

    Net profit/loss=30-30-(30*30)/100=-9
    - sign shows loss.
    So there will be loss of 9%

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