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Ram sold two horses at the same price. In one he gets a profit of 10% and in the other he gets a loss of 10%. Then Ram gets
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- 2% loss
- No loss or profit
- 1% loss
- 1% profit
Correct Option: C
Here, selling prices are same, Profit-loss per cent are same.
In such transactions, there is always loss.
Given , a = 10%
| ∴ Loss percent = | ||
| 100 |
| Loss % = | = 1% | 100 |
