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A dealer sells two bicycles at ₹1,980 each, gaining 10% on one and losing 10% on the other. What is his overall loss percent?

Competition practiceProfit, Loss & Discount
  • A1
  • B0
  • C2
  • D10

Step-by-Step Solution

When equal selling prices carry a gain and a loss of %, the net loss is %. (Costs 1800 and 2200; total cost 4000, total SP 3960.)
Answer: A) 1

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