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Two scooters were sold for ₹49500 each, one at a 10% gain and the other at a 10% loss. What is the overall loss percent on the two sales? (percent)

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

Step-by-Step Solution

Cost prices: 49500/1.1 = ₹45000 and 49500/0.9 = ₹55000, total ₹100000. Total sale = ₹99000, so loss = 1%. (Shortcut: loss % = )
Answer: A) 1

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