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ITC sells one product at a profit of 20%...

ITC sells one product at a profit of `20%` another at a loss of `20%` at the same selling price. What is the loss incurred by ITC?s

A

0.01

B

0.02

C

0.04

D

0

Text Solution

Verified by Experts

The correct Answer is:
C
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ARIHANT SSC-PROFIT, LOSS AND DISCOUNT-EXERCISE (LEVEL 1)
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  3. ITC sells one product at a profit of 20% another at a loss of 20% at t...

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  4. ITC sells one product at a profit of 20% another at a loss of 20% at t...

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  5. The cost price of 19 articles is same as the selling price of 29 artic...

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  10. The profit percentage of A and B is same on selling the articles at ₹ ...

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  11. Each of A and B sold their article at ₹ 1818 but A incurred a loss of ...

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  14. A milk man mixes 10% water in pure milk but he is not content with it....

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  16. A trader mixes 25% kerosene to his petrol and then he sells the whole ...

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  17. A retailer cheats both to his whole-seller and his customer by 10% by ...

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  18. A trader procures his goods from a wholesaler, whose balance reads 120...

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  19. A person wants to reduce the trade tax, so he calculates his profit on...

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