Mathematics
NULL
Medium
Question
Two houses sell for Rs 7.8 lakh each; 5% gain on one and 5% loss on the other. What is the overall effect?
A
0.25 % loss
✓ Official correct answer
B
0.25 % gain
C
25% loss
D
25% gain
Community credibility
Registered members can vote for the answer they believe is correct today and explain why. If the facts change after an election or news event, suggest a new option so others can vote it up.
A
0.25 % loss
No member explanations yet for this option.
B
0.25 % gain
No member explanations yet for this option.
C
25% loss
No member explanations yet for this option.
D
25% gain
No member explanations yet for this option.
Explanation
Equal SP with +x% and −x% gives net loss of (x/10)²% = 0.25% loss.