Finding Prices / Charges Related to Buying and Selling
If 6 articles...
Question
If 6 articles are sold for Re.1, then there is a loss of 20%. In order to gain 20%, what must be the number of articles sold for Re.1?
A
5
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B
6
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C
4
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D
3
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Solution
The correct option is B 4 S.P of 6 articles = Rs.1, Loss = 20 % ∴ C.P of 6 articles =1×100(100−20)=10080=54=1.25 If the gain is 20% then S.P. of 6 articles =1.25×120100=Rs.1.50 ∴ For Rs.1, 4 articles are sold