Question

By selling 5 articles for ` 15, a man makes a profit of 20%. Find his gain or loss percentage if he sells 8 articles for ` 18.4?

Answer 1

Answer:

Step-by-step explanation:

Answer 2

Step-by-step explanation:

SP of 5 articles = 15

SP of 1 article = 15/5 = Rs3

Profit = 20%

CP of 1 article = x

3/x x 100 = 120

x = Rs.2.5

CP of one Article -= Rs. 2.5

SP of 8 article = 18.40

SP of one article = 18.40/8 = 2.3

2.3 ∠ 2.5

SP ∠ CP

So he loss 2.5 - 2.3 = Rs. 0.2 from each article

0.2/2.6 x 100 = 7.69%

he loss 7.69%