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The loss incurred on selling 21 articles equals the selling price of 3 articles. Then the loss per cent is
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9 1 % 11 - 10%
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12 1 % 2 -
11 1 % 9
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Correct Option: C
Given in question, S.P. of 3 articles = C.P. of 21 articles – S.P. of 21 articles
⇒ S.P. of 24 articles = C.P. of 21 articles
⇒ | = | C.P. | 24 |
Loss = 24 - 21 = 3
∴ Loss percent = | × 100 | 24 |
Loss percent = 12 | % | 2 |
We can find required answer with the help of given formula :
Here, p = 21, q = 3
Loss% = | p + q |
Loss% = | 21 + 3 |
Loss% = | = | = 12 | % | 8 | 2 | 2 |