Ashif sold an article for Rs 315 at a profit of 5%. What would have been the loss incurred by him it was sold for Rs. 275?

A)7.625%
B)4.5 %
C)5.625%
D)6.25%

• 8.33, no option matching
• 7 years agoHelpfull: Yes(12) No(0)
• I am doing quantitative after a long time, so after solving this question when i got the answer as 8.33 with no options matching, i thought i have forgotten everything. After checking the solutions provided by other members i became happy
• 6 years agoHelpfull: Yes(5) No(1)
• 105%=315
  
  ? =275
  
  ?==91.66
  
  
  100-91.66==8.34%
  
  8.34%LOSS ANSWER
• 7 years agoHelpfull: Yes(3) No(0)
• profit %=p/cp *100
  let cp = x
  therefore, p%= Sp-x/x * 100
  
  5x= 31500-100x
  x=300=cp.
  
  now, sp = 275
  loss= cp-sp
  loss= 300-275=25
  loss%= loss/cp * 100
  Loss%= 25/300 * 100 %
  Loss%= 8.33%
• 6 years agoHelpfull: Yes(3) No(1)
• 105%------->315
  100%------->300(25*4=100 i.e 4*3=12)
  when 275 get (1 part loss )
  there for1/12=8.33
• 6 years agoHelpfull: Yes(2) No(0)
• Xactly, no option is matching...
  
  C.P. = (S.P. * 100)/(100+Profit%)
  From first data , C.P. = (315*100)/105 = Rs. 300
  
  After that, S.P. = 275
  And, now applying C.P. as 300 we will get the value of Loss% From the below formula.
  
  C.P. = (S.P. * 100)/(100-LOSS%)
  
  Loss% = 8.33%
• 6 years agoHelpfull: Yes(1) No(1)
• 8.33 no option matching
• 6 years agoHelpfull: Yes(0) No(0)
• 8.33% no option is matching.
• 6 years agoHelpfull: Yes(0) No(1)
• 8.33
  no option is there
• 6 years agoHelpfull: Yes(0) No(0)
• 7.625%
  Since 5% profit on x = 315, x = 300.
  3*7 = 21
• 6 years agoHelpfull: Yes(0) No(4)
• Let x be original cost of article , so ,
  x + 5% of x = 315
  
  x = Rs 300
  
  If Ashif sold article at 275 , loss = 300-275
  = Rs 25 or 18.33%
  
  Which doesn't match any of the given option
• 4 years agoHelpfull: Yes(0) No(0)