# 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

- 12% gain
- 12% loss
- 10% loss
- 15% gain

**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%.