A seller gets a profit of 20 % if he sells an object in 95 rupee. What will be his loss on selling

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08 Feb 2010 Profit?

A seller gets a profit of 20 % if he sells an object in 95 rupee. What will be his loss on selling it in 75
rupee.

OPtion

(1) 7.58 %
(2) 6.18 %
(3) 3.78 %
(4) 4.56 %
(5) 5.26 %
(6) 21.23 %
(7) 15.46 %
(8) 18.22 %
(9) 12.34 %
(10) 11.67 %

Solution

Original price of the object = 95/1.2
On selling the object in 75 rupee amount received = 75/(95/1.2)
= 94.74 %
Hence % loss = (100 – 94.74) % = 5.26 %

Correct Option: 5 Best Solution (3)