Multiple Choice Questions on A Shop Keeper sells two bags for Rs 500 each On one he gets 14 profit and on the other he gets 14 lo........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A Shop Keeper sells two bags for Rs 500 each On one he gets 14 profit and on the other he gets 14 lo...........

Quant (SSC) Profit and loss
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    A Shop Keeper sells two bags for Rs. 500 each. On one, he gets 14% profit and on the other he gets 14% loss. His profit or loss in the entire transaction was?

    64/25 % Gain

    Incorrect Answer

    49/25 % Gain

    Incorrect Answer

    64/25 % Loss

    Incorrect Answer

    49/25 % Loss

    Correct Answer
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    Explanation:

    % = x
    Loss % = x²/100
    = 196/100 = 49/25%
    Hence, option 4 is the correct answer.

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