Mathematics
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Medium
Question
A man buys 8 pens for Rs 9 and sells 9 pens for Rs 8. What is his profit or loss percent?
A
20.98% profit
B
20.98% loss
✓ Official correct answer
C
20.89% profit
D
20.89% loss
Community credibility
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A
20.98% profit
No member explanations yet for this option.
B
20.98% loss
No member explanations yet for this option.
C
20.89% profit
No member explanations yet for this option.
D
20.89% loss
No member explanations yet for this option.
Explanation
On 72 pens, CP = 81 and SP = 64. Loss % = 17/81 ≈ 20.98% loss.