Mathematics
An article is bought from Jaipur for ₹ 4,800 and is sold in Delhi for ₹ 5,820. If ₹ 1,200 is spent on its transportation, etc., find the loss or the gain as percent.
Profit, Loss & Discount
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Answer
Given:
C.P. of an article = ₹ 4,800
Cost spent on transportation, etc. = ₹ 1,200
Total C.P. = ₹ 4,800 + ₹ 1,200
= ₹ 6,000
S.P. of the article = ₹ 5,820
(∵ C.P. is greater than S.P., means article is sold at loss.)
Loss = C.P. - S.P.
= ₹ 6,000 - ₹ 5,820
= ₹ 180
Hence, article is sold at a loss of 3%.
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