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If the total cost of 73 articles having equal cost is $ 5,110 and the total selling price of 89 such articles is $ 5,607, then in the transaction, there will be
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- a loss of 15%
- a gain of 10%
- a loss of 10%
- a gain of 15%
Correct Option: C
Given in question , CP of 73 articles = $ 5110
| ∴ CP of 89 articles = | × 89 = 6230 | 73 |
Total SP of 89 articles = $ 5607
Loss = $ (6230 – 5607) = $ 623
| ∴ Loss percent = | × 100 | CP of 89 articles |
| Loss percent = | × 100 = 10% | 6230 |
