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Sunday, July 31, 2022

What profit/loss percent did Ravi earn if he purchased an item of Rs 5,600 and sold it at three-fourth of its cost price ?

What profit/loss percent did Ravi earn if he purchased an item of Rs 5,600 and sold it at three-fourth of its cost price ?
ALoss of 20 per cent
BGain of 25 per cent
CNeither gain nor loss
DNone of these

Correct answer is: None of these

Explanation:

 

S.P = 5600×34 = Rs.4200

Loss = 5600 - 4200 = Rs.1400

Loss percentage = LossCost price×100

14005600×100 = 25%

Nithin
answered Aug 1 '2022 at 8:17

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