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By selling an article for $ 102, there is a loss of 15%, when the article is sold for $ 134.40, the net result in the transaction is
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- 12% gain
- 12% loss
- 10% loss
- 15% gain
Correct Option: A
Given in question , Selling Price of article = $ 102 and Loss = 15%
| C.P. of article = | × S.P. | 100 – loss percent |
| C.P. of article = | × 102 = $ 120 | 100 – 15 |
On selling at Rs. 134.40,
Gain = $ (134.4 – 120) = $ 14.4
| ∴ Gain percent = | × 100 = 12% | 120 |
