Question

Mr. Akhtar bought notebooks at the rate of 5 for Rs. 80 and sold for 4 for Rs. 60. What will be his profit/loss percentage? *​

Answer 1

CP of one book = 80/5=Rs.16

SP of one book = 60/4=Rs.12

Gain - Rs.(16-12)=Rs.4

Gain percent = 4/12*100= gain % is 33.33

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Answer 2

Answer:

Step-by-step explanation:

Cost of 5 book = Rs. 80

Cost of 1 book = Rs 80/5

= Rs. 16

Sold 4 book = Rs. 60

Sold 1 book = Rs.60/4

= Rs. 15

Loss = C.P -S.P

= 16-15

= 1 Rs.

Loss % = Loss/CP * 100

=$\frac{1}{16} *100\\\\\frac{100}{16}$

=6.25%