- ALoss of 10%
- BProfit of 1%
- CLoss of 1%
- DNo profit, no loss
Step-by-Step Solution
CP₁ = 990 ÷ 1.1 = ₹900, CP₂ = 990 ÷ 0.9 = ₹1100. Total CP = ₹2000, total SP = ₹1980. Loss = ₹20 = 1% of 2000.
Answer: C) Loss of 1%
Two TV stands are sold for ₹990 each. One is sold at a 10% profit and the other at a 10% loss. What is the overall result?
Class 8Profit and LossComparing Quantities
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