Question

a man sells 6 articles for ₹24 and makes the profit of 20%.find its gain or loss percent.if she sells 15 articles for ₹47​

Answer 1

Sp of one article is 15/5 = rs 3,

profit is 20% then Cp of one article is 3*100/120 = rs 2.5

now cp of 8 such articles = 2.5*8 = rs 20,

sp of 8 articles is given to be 18.40 so loss% =

(20-18.4)*100/20 =1.6*5= 8%.