Question

8) If a man purchases 4 pens for Rs.5 and sold 5 pens for Rs.6.
How much percent profit or loss does he make?
1) 96% loss 2) 90% gain 3) 4% loss 4) 4% gain
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Answer 1

Answer:

Step-by-step explanation:

He purchased 4 pens for 5 rupees

Then 1 pen costs = 5/4 = 1.25 /-

He sold 5 pens for 6 rupees

Then 1 pen costs = 6/5 = 1.2/-

Loss = cp - sp

= 1.25 - 1.2

= 0.05/-

Loss % = (loss / cp ) × 100

= (0.05/1.25) × 100

= 0.04 × 100

= 4 %

So 4 % loss