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After selling 50 articles, man loses SP of 8 articles. Find loss% (approx).1. 15%2. 11%3. 10%4. 14% |
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Answer» Correct Answer - Option 4 : 14% Given: Loss of 50 articles = SP of 8 articles Concept used: Loss% = (CP – SP)/CP × 100 Calculations: Loss of 50 articles = SP of 8 articles ⇒ CP of 50 articles – SP of 50 articles = SP of 8 articles ⇒ CP of 50 articles = SP of 58 articles Let CP of 1 article be Rs. 1 ⇒ CP of 58 articles = Rs. 58 ⇒ SP of 58 articles = Rs. 50 Loss = Rs. 8 Loss% = 8 × 100/58 = 13.79% = 14% ∴ Loss% is 14%. |
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