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7.Profit and Loss
medium
Profit obtained on selling an article for $Rs.\,310$ is equal to the loss incurred on selling that article for $Rs.\, 230.$ What will be the loss percentage when selling price is $Rs.\, 180$?
A
$16 \frac{1}{3}$
B
$16 \frac{2}{3}$
C
$33 \frac{1}{3}$
D
$33 \frac{2}{3}$
Solution
Let Gain $=$ Loss $=x$
$310-230=2 x$
$2 x=80$
$x=40$
$\therefore C.P$ of article $=310-40=₹ 270$
$\therefore \operatorname{Loss} \%=\frac{270-180}{270} \times 100=33 \frac{1}{3} \%$
Standard 13
Quantitative Aptitude
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