An article is sold at Rs. 972 , yielding a profit of 8\% . If it is sold at Rs. 872 , then there is a loss of: - Quantitative Aptitude MCQ Competitive Exam 2026 | ExamTest.live

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An article is sold at Rs. 972, yielding a profit of 8% . If it is sold at Rs. 872, then there is a loss of:

Solution & Step-by-step Explanation

Given the selling price SP_{1} = Rs. 972 at a profit of 8% : SP_{1} = CP \times (1 + \frac{Profit %}{100}) 972 = CP \times 1.08 CP = \frac{972}{1.08} = Rs. 900 If the article is instead sold at a new selling price SP_{2} = Rs. 872 : Since SP_{2} < CP, there is a loss. Loss = CP - SP_{2} = 900 - 872 = Rs. 28

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An article is sold at Rs. 972, yielding a profit of 8% . If it is sold at Rs. 872, then there is a loss of:

Rs. 28

Rs. 25

Rs. 20

Rs. 15

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