Question

An article is sold for rupees 400 in which the seller fetches 25% profit. If 6 such articles are sold for rupees 2400, then the percent profit/loss incurred by the seller?

Answer 1

Step-by-step explanation:

let the cost price be ₹ = x

selling price = 4

$x \times 25 \% = 400 \\ x = \frac{400 \times 100}{125} = 320 \\ cost \: price \: of \: 1 \: artical \: = 320 \\selling \: price \: of \: 6 \: artical \: = 2400 \\ cost \: price \: of \: 6artical \: = 320 \times 6 = 1920 \\ now \: we \: cn \: see \: that \: cost \: price \: is \: less \: and \: selling \: price \: is \: more \: than \: profit \: occured \\ profit = selling \: price \: - cost \: price \\ profit = 2400 - 1920 = 480 \\ profit\% = \frac{profit}{cost \: price} \\ profit = \frac{480}{1920 } \times 100 = 250\% \\ hence \: profit \: \% = 250$

Answer 2

Answer:

25% loss

Step-by-step explanation:

25% of 400=25/100*400

                  =100

so, the article was sold at 500 rupees.

But 6 articles were sold at 2400 rupees, where the actual total should be

6*500=3000 rupees

So, the loss is=3000-2400

                      =600

From the options, 25% of 2400 is 600.