Question

A man sells 5 articles for ₹15 and makes a profit of 20%. Find his gain or loss percent if he sells 8 such articles for ₹18.40.

विकल्प

• 2.22% profit

• 2.22% loss

• 8% loss

• 8% profit

Answer 1

8% loss

Explanation:

SP of 5 articles = ₹ 15

SP of 1 article = `15/5=₹3`

CP of 1 article = `100/120xx3`

CP of 8 articles =`100/120xx3xx8=20`

SP of 8 article = 18.40

Loss % =`(20-18.40)/20xx100=1.60/20xx100=8.0%"Loss"`