By selling an article for Rs., 450, a man loses 10 % . gain or loss percent if he sells it for Rs.,

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7.Profit and Loss

easy

By selling an article for $Rs.\, 450,$ a man loses $10 \% .$ The gain or loss percent if he sells it for $Rs.\, 540$ is

A

loss $9 \%$

B

$\operatorname{gain} 8 \%$

C

loss $8 \%$

D

$\operatorname{gain} 9 \%$

Solution

$90 \%$ $C.P.$ $=450$

$\therefore CP =500$

$Now , S.P. =₹ 540$

$\operatorname{Gain} \%=\frac{40}{500} \times 100=8 \%$

Standard 13

Quantitative Aptitude

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