Selling price of 84 articles is equal to cost price of 72 articles. Find profit or loss percentage.
Answer & explanation
Correct answer: option 1
S.P. of 84 = C.P. of 72
C.P : S.P. = 7 : 6
Loss = 1
Loss Percent = \(\frac{1}{7}\) × 100% = 14\(\frac{2}{7}\) %