Question

A man sells 5 articles for Rs. 15 and makes a
profit
of 20% Find his loss or gain percent of he sells 8
such articles for Rs. 2,040.
for Rs. 2040​

Answer 1

Answer:

By selling 5 articles for ` 15, a man makes a profit of 20% so SP = 3. Hence, CP = 2.5, if he sells 8 articles for ` 18.4 so SP = 2.3. Hence percentage loss = 8%.