A sells a bicycle to B at a profit of 50% and B sells it to C at a loss of 40%. Find the resultant profit or loss.
Answers
A) -4% B) 5% C) -5% D) 6% E) -10%
The resultant profit or loss = 50 - 40 - (50*40)/100 = -10%   loss = 10%   Answer is -10%
<result>E</result>
A sells a bicycle to B at a profit of 50% and B sells it to C at a loss of 40%. Find the resultant profit or loss.