What will be the Net Result in the Transaction? If

By selling an article for ₹ 102, there is a loss of 15%, when the article is sold for ₹ 134.40, the net result in the transaction is

  1. 12% gain
  2. 12% loss
  3. 10% loss
  4. 15% gain
Manish Listener Asked on 15th July 2015 in Maths.
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1 Answer(s)

Answer: (1) 12%
Explanation:-
According to the question,
The cost of an article = 102 x 100/85 = Rs.120
He sold = Rs.134.40
Then, the profit = 134.40 – 120 = Rs.14.4
Percentage of profit = 14.4 x 100/120
= 12%
Hence, the answer is (1) 12%.

Anurag Mishra Professor Answered on 16th July 2015.
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