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The selling price of two articles is the...

The selling price of two articles is the same. One is sold at 25% profit and the other is sold at 25% loss. What is the effective profit/loss percentage?

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The correct Answer is:
Loss of 6.25%
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Knowledge Check

  • Out of 100 articles 25 articles were sold at 25% profit and the remaining articles were sold at 25% loss. What will be the total loss percentage?

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    B
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    A
    `1%` profit
    B
    `1%` loss
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    `2%` profit
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    `2%` loss

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