Mr. Sen sells 8 articles for Rs.36 and makes a profit of 20%. Find his gain or loss percent if he sell 16 such articles for Rs. 54.
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Answer:
Mr Sen sell 8 article for Rs 36 and marks a profit of 20% find his gain or loss percent if he sells 16 such articles are for RS 54 answer is 10%loss
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6
Answer:
Loss percentage = 10%
Step-by-step explanation:
Price of 8 articles = 36
Price of 1 article = ₹4.5
₹4.5 = 120x/100
x = 45*100/10*120
= 45/12 = ₹3.75
CP = ₹3.75
C.P of 16 articles = 3.75*16 = ₹60
S.P of 16 articles = ₹54
As C.P is greater than S.P it is a loss
Loss percentage = (60-54)/60 * 100
= 6/60 *100 = 10%
Hence loss percentage = 10%
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