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Numerical Ability
Profit and Loss
Cost Price of an article is $380. It is sold at a loss of 3%. Had it been sold for another $19 more what would have been the gain/loss % ?
A. 3% gain
B. 2% gain
C. No profit, No loss
D. 5% gain
E. None of these
Read Solution (Total 2)
-
- s.p=97/100*380=368.6
new s.p=368.6+19=387.6
gain =387.6-380=7.6
gain%=7.6/380*100=2% gain - 6 years agoHelpfull: Yes(1) No(0)
- E)None of these
C.P of an article=380
S.P of an article on loss =3%
S.P=342
sold with another 19
342+19=361
loss=380-361=19
loss%=19/380*100=5%
thanks! - 5 years agoHelpfull: Yes(0) No(1)
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