A sells a watch to B and makes a loss of 12%. B makes a profit of 25/2% by selling the watch to C. If A sells the watch to B at the cost of which C purchased it, then the percentage of loss or profit of A will be?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 1% loss
Let A has a watch of Rs 100
Now,
Clearly, if A sells watch at Rs 99, he would have a net 1% loss