{"id":153194,"date":"2023-07-28T13:46:36","date_gmt":"2023-07-28T08:16:36","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=153194"},"modified":"2023-07-28T13:46:38","modified_gmt":"2023-07-28T08:16:38","slug":"a-person-purchases-some-article-at-the-rate-of-4-articles-for-rupees-5-and-sells-them-at-the-rate-of-5-articles-for-rupees-4-find-the-total-profit-or-loss-in","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/a-person-purchases-some-article-at-the-rate-of-4-articles-for-rupees-5-and-sells-them-at-the-rate-of-5-articles-for-rupees-4-find-the-total-profit-or-loss-in\/","title":{"rendered":"A person purchases some article at the rate of 4 articles for rupees 5 and sells them at the rate of 5 articles for rupees 4. Find the total profit or loss in %."},"content":{"rendered":"\n
Question<\/td>A person purchases some article at the rate of 4 articles for rupees 5 and sells them at the rate of 5 articles for rupees 4. Find the total profit or loss in %.<\/td><\/tr>
Type<\/td>multiple_choice<\/td><\/tr>
Option<\/td>22% profit<\/td>incorrect<\/td><\/tr>
Option<\/td>20% loss<\/td>correct<\/td><\/tr>
Option<\/td>40% profit<\/td>incorrect<\/td><\/tr>
Option<\/td>36% loss<\/td>incorrect<\/td><\/tr>
Solution<\/td>The C.P of 4 article is rupees 5 and selling price of 5 article is rupees 4. Note: article ratio should be the same in both cases.
i.e.,\u00a0\u00a0\u00a0\u00a0\u00a0Article\u00a0\u00a0\u00a0\u00a0price
C.P =\u00a0\u00a0\u00a0\u00a0\u00a0\u00a04\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a05
S.P =\u00a0\u00a0\u00a0\u00a0\u00a0\u00a05\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a04
As the article is same in both the cases, we should make the article equal. To make article value equal, we need to multiply C.P with 5 and S.P with 4. The change made in Article should also be performed at a price to calculate the % profit or loss.
i.e.,\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Article\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0price
C.P =\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a04* 5 = 20\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a05* 5 = 25
S.P =\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a05 * 4= 20\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a04* 4 = 16
The difference between the price of C.P and S.P is 25-16 = 9.
Now, apply % formula:
Profit or Loss % = ((difference between C.P and S.P)\/ C.P) * 100 Note: if S.P > C.P = profit
If C.P > S.P = loss
Here C.P = 25, and S.P = 16
So, Loss % = (9\/25) * 100 = 36%
Hence, the person incurs a loss of 36%.<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"

Question A person purchases some article at the rate of 4 articles for rupees 5 and sells them at the rate of 5 articles for rupees 4. Find the total profit or loss in %. Type multiple_choice Option 22% profit incorrect Option 20% loss correct Option 40% profit incorrect Option 36% loss incorrect Solution The […]<\/p>\n","protected":false},"author":984,"featured_media":153199,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5138],"tags":[5139],"class_list":["post-153194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-quantitative-aptitude","tag-quantitative-aptitude"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/153194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/984"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=153194"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/153194\/revisions"}],"predecessor-version":[{"id":153200,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/153194\/revisions\/153200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/153199"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=153194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=153194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=153194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}