## A GMAT Formula to Remember: Profit on One, Loss on Another

*Posted on on April 7, 2014*

I am no fan of formulas, especially the un-intuitive ones but the one we are going to discuss today has proved quite useful. It is for a concept tested on GMAT Prep so it might be worth your while to remember this little formula.

When two items are sold at the same selling price, one at a profit of x% and the other at a loss of x%, there is an overall loss. The loss% = (x^2/100)%