A person purchases some article at the rate of rupees 5 per 4 articles and sells them at the rate of rupees 4 per 5 articles. Find the total profit or loss in %. |
22% profit 20% Loss 40 % Profit 36 % loss |
36 % loss |
CP4 = Rs 5 SP5 = Rs 4 ------------------------------- CP4x5 = Rs 5 x 5 SP5x4 = Rs 4 x 4 ------------------------------- CP20 = Rs 25 SP20 = Rs 16 ------------------------------- As CP is more than SP, thus, there is a loss. Loss% = \(\frac{CP_{20}-SP_{20}}{CP_{20}}\) * 100 Loss% = \(\frac{\text{25-16}}{25}\) * 100 Loss% = \(\frac{9 }{25 }\) * 100 Loss% = 36% |