Q. Bimalbabu sells two cars each of Rs. 99,000. He makes a profit of 10% on the first car, but incurs a loss of 10% on the second. What will be his percentage of profit or loss on the whole transaction ?

  • (A) 1% profit
  • (B) 1% loss
  • (C) 4% profit
  • (D) 4% loss
βœ… Correct Answer: (B) 1% loss

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