Profit and Loss Practice Test 4

Question : 4 of 40

Marks: +1, -0

On selling an article for Rs 6,732, a person incurred a loss of 10%. Had it been brought for Rs 393 less, then the loss per cent would have been:

Solution:

SP of the article = Rs 6,732
CP of the article =

6,732 ×10/9

=Rs 7,480 9
If CP is reduced by Rs 393, then new CP = Rs 7,087
Loss per cent

={ 7,087- 6,732}/ {6,732} ×100

= 5.28%

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