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On selling an article for Rs. 200, a man loses Rs. 20. Find his profit per cent.A10%B9*1/11%C11*1/9%D20%

Question

On selling an article for Rs. 200, a man loses Rs. 20. Find his profit per cent.A10%B9*1/11%C11*1/9%D20%
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Solution 1

The problem states that a man sells an article for Rs. 200 and in doing so, he loses Rs. 20. This means that the cost price of the article is Rs. 200 + Rs. 20 = Rs. 220.

If he had sold the article at cost price, he would have neither gained nor lost. But he sold it for Rs. 200, which is Rs. 20 less Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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