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X sells two articles for $ 4,000 each with no loss and no gain in the transaction. If one was sold at a gain of 25% the other is sold at a loss of
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- 25%
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18 2 % 9 - 20%
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16 2 % 3
Correct Option: D
Given that , S.P. of first article = $ 4,000
gain % of first article = 25%
| ∴ C.P. of first article = 4,000 × | = $ 3200 | 120 |
∴ Loss on second article = 4000 – 3200 = $ 800
Now C.P. of second article = 4000 + 800 = $ 4800
& S.P. of second article = $ 4000
∴ Loss of second article = 4800 – 4000 = $ 800
| ∴ Loss % = | = | 4800 | 3 |
| Loss % = 16 | % | 3 |
