Profit and Loss on Arithmetic Aptitude related Questions and Answers


Question :   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:
1. A neither losses nor gains
2. A makes a profit of 11%
3. A makes a profit of 20%
4. B loses 20%
Answer :   2 - A makes a profit of 11%  

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