What will be the Gain or Loss Percentage? If

Cost price of 100 books is equal to the selling price of 60 books. The gain percentage or loss percentage is:

  1. (135/2)%
  2. 67%
  3. 66%
  4. 200/3
Monis Rasool Professor Asked on 28th August 2015 in Maths.
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    Answer:  (4) 200/3

    Explanation:-
    Cost price of 100 books = selling price of 60 books
    Then, selling price/cost price = 10/6
    = 5/3
    Gain = (5 – 3)/3
    = 2/3
    Then, Gain % = 2 x 100/3
    = 66.66%

    Hence, the answer is (4) 200/3.

    Anurag Mishra Professor Answered on 2nd September 2015.
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