1.

ITC sells one product at a profit of 20% another at a loss of 20% at the same selling price. , If SP of each article be Rs. 200, what is the amount of loss ?

Answer»

Rs. 16.66



Loss % = ( COMMON gain or loss / 10 )2 %
= (20 / 10)2 % 
= 4%

Now ASSUME total CP of both articles be x, then SP = 0.96x = 400
x = 400 / 0.96 = CP

loss = 4% of CP 
= (4 / 100) X (400 / 0.96) = Rs. 16.66



Discussion

No Comment Found