Gopal bought a cell phone and sold it to Ram at 10% profit. Then Ram wanted to sell it back to Gopal at 10% loss. What will be Gopal's position if he agreed?

Gopal bought a cell phone and sold it to Ram at 10% profit. Then Ram w

1.	Gopal bought a cell phone and sold it to Ram at 10% profit. Then Ram wanted to sell it back to Gopal at 10% loss. What will be Gopal's position if he agreed?
A.	Neither loss nor gain
B.	Loss 1%
C.	Gain 1%
D.	Gain 0.5%
Answer» D. Gain 0.5%

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Gopal bought a cell phone and sold it to Ram at 10% profit. Then Ram wanted to sell it back to Gopal at 10% loss. What will be Gopal's position if he agreed?

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