1. If the selling price of 318 articles is equal to the cost price of 212 articles, then what is the loss percentage?
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By: anil on 05 May 2019 02.25 am
Let cost price of 1 article is x Selling price of 318 articles = 212 Rs Cost price of 318 articles = 318 Rs Profit% = {(318 - 212) / 318} x 100 = (106/318) x 100 $$Rightarrow$$ (5300/159) = $$33frac{1}{3}$$ Hence, option B is the correct answer.
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