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%
AnswerD.
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