RRB NTPC · Question 93
A man buys 20 pencils for Rs. 6 and sells 16 pencils for Rs. 6. Calculate his gain or loss percentage. A) 20 B) 25 C) 27 D) 30
Show answer & explanation
Answer: (B) B
Explanation
CP of one pencil = 6/20 = Rs 0.30 and SP = 6/16 = Rs 0.375. Gain = 0.075 on 0.30 = 25%.