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By selling an article for Rs. 450, a man loses 10%. The gain or loss per cent if he sells it for Rs. 540 is
- AGain 8%
- BLoss 8%
- CGain 9%
- DLoss 9%
Answer not set
Discussion 1
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CCommunity
We have SP = Rs 450
Loss % = 10 %
⇒ CP = SP× 100 / (100 – Loss %)
⇒ CP = 450 × 100 / (100 – 10)
⇒ CP = 450 × 100/90
⇒ CP = Rs 500
⇒ New SP = Rs 540
⇒ Gain = 540 – 500
= Rs 40
⇒ Profit % = (Profit / CP) × 100
= (40/500) × 100
= 8%
Loss % = 10 %
⇒ CP = SP× 100 / (100 – Loss %)
⇒ CP = 450 × 100 / (100 – 10)
⇒ CP = 450 × 100/90
⇒ CP = Rs 500
⇒ New SP = Rs 540
⇒ Gain = 540 – 500
= Rs 40
⇒ Profit % = (Profit / CP) × 100
= (40/500) × 100
= 8%