New Workshop on Job Profile of RBI Grade B Officer by Susheel Ragade sir

Question

A dealer sold two of his cattle for Rs. 500 each. On one of them he lost 10% on the other, he gained 10%. His gain or loss percent in the entire transaction was:

Q: A dealer sold two of his cattle for Rs. 500 each. On one of them he lost 10% on the other, he gained

Loss%= (common gain or loss % / 10) 2 = (10/10)² % = 1%.

A 10% loss

B 1% loss

C 1% gain

D Nither loss nor profit

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Question

A dealer sold two of his cattle for Rs. 500 each. On one of them he lost 10% on the other, he gained 10%. His gain or loss percent in the entire transaction was:

Solution

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