A T. V. manufacturer sells two televisions at Rs. 9,900 each. He earned a profit of 10% on the first one and suffered 10% loss on another. Net loss or profit percent is
[ A ] 1$1\over 99$% profit
[ B ] 1$1\over 99$% loss
[ C ] 1% profit
[ D ] 1% loss
Answer : Option D
Explanation :
Net loss = $x^2 \over 100$ = $10^2 \over 100$ = 1% loss