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Aptitude · Q251

Profit And Loss

Competitive Exams · Aptitude · question 251

Q251

If the total cost of 73 articles having equal cost is Rs. 5110 and the total selling price of 89 such articles is Rs. 5607, then in the transaction, there will be = ?

A.
A loss of 15%
B.
A gain of 10%
C.
A loss of 10%
Answer
D.
A gain of 15%

Answer: Option C

Solution

Answer: Option C
Solution:
According to the question,
Cost price of 73 articles are
= Rs. 5110
Cost price of 1 articles are

Selling price of 89 articles are = Rs. 5607
Selling price of 1 articles is

Loss = Cost price - Selling price
Loss = 70 - 63 = Rs. 7