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The total cost of 90 articles is Rs. 5400. If 70 such articles are sold at a total price of Rs. 5040, then there is 

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The total cost of 90 articles is Rs. 5400. If 70 such articles are sold at a total price of Rs. 5040, then there is 
  • Aa loss of 10%
  • Ba gain of 10%
  • Ca loss of 20%
  • Da gain of 20%
Answer not set

Discussion 1

0
CCommunity
Cost of 1 article = 5400/90 = Rs. 60

Total cost price of 70 articles = 70 × 60 = Rs. 4200

Profit earned = 5040 – 4200 = Rs. 840

% profit = (840/4200) × 100 = 20%

Hence, there is a gain of 20%.