Two motor cycles were sold for Rs 9,900 each, gaining 10% on one and losing 10% on the other. The gain or loss per cent in the whole transaction is
Choose the most appropriate option.
A) Neither loss nor gain
B) 1% profit
C) 100/99 % profit
D) 1% loss
E) None of these
C.P. of the 1st Motor Cycle = (9900 x 100)/(100 + 10) = Rs 9000   C.P. Of the 2nd Motor Cycle = (9900 x 100)/(100 - 10) = Rs 11000   Total C.P = Rs 20,000   Total S.P = Rs 19,800   Therefore, Loss per cent = (200/20000) x 100 = 1   ANSWER:1% loss
<result>D</result>
Two motor cycles were sold for Rs 9,900 each, gaining 10% on one and losing 10% on the other. The gain or loss per cent in the whole transaction is