general math MCQ #238

A man purchases 8 pens for Rs.9 and sells 9 pens for Rs.8, how much profit or loss does he make?

general math MCQ #238

  1. Question 1

    Q1. A man purchases 8 pens for Rs.9 and sells 9 pens for Rs.8, how much profit or loss does he make?

    • A) 20.98% profit
    • B) 20.98% loss
    • C) 20.89% profit
    • D) 20.89% loss

    Answer: 20.98% loss

    Explanation: CP of 9 pens = 9×(9/8) = Rs. 81/8; SP = Rs. 8; loss = (81/8−8)/(81/8)×100 = (17/8)/(81/8)×100 ≈ 20.98% loss.