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Question 127
X sells two articles for Rs. 4,000 each with no loss and no gain in the interaction. If one was sold at a gain of 25% the other is sold at a loss of
Solution
Selling price of first article = 4000
gain = 25%
cost price = $$4000 \times \frac{100}{125}$$Â = 3200
gain = 800 rs.
So for net neutrality loss on second article should be 800 on cost price of 4000.
% loss is = $$\frac{800}{4000} \times 100$$ = 20
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