A man sells two tables at the same price. On one he makes a profit of 10% and on the other he suffers a loss of 10%. Find the loss or gain percentage on the whole transaction.

Correct option is A

given that a man sells two tables at the same price.

• On one table, he makes a profit of 10%.

• On the other table, he suffers a loss of 10%.

We need to find the overall profit or loss percentage.

Step 1: Let the Selling Price (SP) be x for each table

Since both tables are sold at the same price, we assume:

Selling Price of each table=x

Step 2: Find the Cost Price (CP) for Each Table

For the first table (10% profit)

For the second table (10% loss)

Step 3: Find the Total Cost Price and Total Selling Price

• Total CP:

Finding LCM of 1.1 and 0.9:

Total SP:       Total SP = x + x = 2x

Step 4: Find Overall Profit or Loss

Step 5: Find the Loss Percentage

Thus, the overall transaction results in a 1% loss.