A vendor buys pens at the rate of 4 for Rs 5 and sells at the rate of 4 for Rs 3. What will be the result?
The vendor buys 4 pens for Rs. 5
=> Cost price of 1 pen = $$\frac{5}{4}$$ = Rs 1.25
He sells 4 pens for Rs. 3
=> Selling price of 1 pen = $$\frac{3}{4}$$ =Â Rs 0.75
$$\because$$ Selling price is less than Cost price, the vendor suffers a loss
=> Loss % = $$\frac{(1.25 - 0.75)}{1.25} \times 100$$
= $$\frac{2}{5} \times 100 = 40\%$$
=> Ans - (D)
Create a FREE account and get:
Detailed syllabus & Topic-wise Weightage
By proceeding you agree to create your account
Free CAT Syllabus PDF will be sent to your email address soon !!!
