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    4. Profit and loss
    5. A shopkeeper sold 50 articles for Rs. 1560 and suffered a loss of 20%. How many articles should he s

    Question

    A shopkeeper sold 50 articles for Rs. 1560

    and suffered a loss of 20%. How many articles should he sell for Rs. 2340 to earn a profit of 50%?
    A 45 Correct Answer Incorrect Answer
    B 41 Correct Answer Incorrect Answer
    C 42 Correct Answer Incorrect Answer
    D 40 Correct Answer Incorrect Answer
    E Cannot be determined Correct Answer Incorrect Answer

    Solution

    Let N be number of articles
    50 x 80%/1560 = N x 150%/2340
    N = 40

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