###
**I sold two watches for Rs. 300 each, one at loss of 20% and other at the profit of 20%. What is the percentage of loss (-) or profit (+) that resulted from the transaction?**

A. (+)4
B. (-)1
C. (+)1
D. (-)4
**Answer: Option D**

## Show Answer

Solution(By Apex Team)

In such cases, always loss occurs. It can be calculated by this formula,
$\begin{array}{l}=\frac{\text{ (loss or gain percentage) }^2}{100}=4\\
i.e\ 4\%\ \text{of loss}\end{array}$

## Related Questions on Profit and Loss

### A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:

A. 45 : 56B. 45 : 51

C. 47 : 56

D. 47 : 51

### By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:

A. Rs. 2600B. Rs. 2700

C. Rs. 2800

D. Rs. 3000

### A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:

A. A neither losses nor gainsB. A makes a profit of 11%

C. A makes a profit of 20%

D. B loses 20%

### A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for Rs. 600 less, he would have made a profit of 32%. The cost price of the horse was.

A. Rs. 3,750B. Rs. 3,250

C. Rs. 2,750

D. Rs. 2,250