The selling price of 5 articles is the same as the cost price of 3 art

1.	The selling price of 5 articles is the same as the cost price of 3 article. The gain or loss percent is (1) 25% gain (2) 25% gain (3) 40% loss (4) 33.33% loss
Answer» (3) 40% loss SP of 5 = CP of 3 Let CP of 1 be Re 1 SP of 5 = 3 CP of 5 = 5 ⇒ Loss of 5 = 2 ⇒ Loss % = 2/5 x 100 = 40% loss

The selling price of 5 articles is the same as the cost price of 3 article. The gain or loss percent is (1) 25% gain (2) 25% gain (3) 40% loss (4) 33.33% loss

Answer»

(3) 40% loss

SP of 5 = CP of 3

Let CP of 1 be Re 1

SP of 5 = 3

CP of 5 = 5

⇒ Loss of 5 = 2

⇒ Loss % = 2/5 x 100 = 40% loss

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The selling price of 5 articles is the same as the cost price of 3 article. The gain or loss percent is (1) 25% gain (2) 25% gain (3) 40% loss (4) 33.33% loss

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