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Alam sold two vehicles for Tk. 46000 each . If he gained 10% on the first and lost 10% on another , then what is his percentage profit or loss in this transaction?

Alam sold two vehicles for Tk. 46000 each . If he gained 10% on the first and lost 10% on another , then what is his percentage profit or loss in this transaction? Correct Answer 1% loss

Let the profit be X% & loss be Y%. So, net profit/loss % = X + ( - Y) + X.( - Y)/100 (Negative sign denotes that there is a loss.) = 10 + ( - 10) + 10.( - 10)/100 = - 1 (Negative sign denotes that there is a net loss.) So, the net loss percentage is 1%.

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