Mathematics · Profit and Loss
On selling an article for Rs. 493.60, the gain is 20% more than the amount of loss incurred on selling it for Rs. 432. If the article is sold for Rs. 441.50, then what is the profit or loss percentage (rounded to the nearest integer)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Profit 3%
- 2Loss 4%✓
- 3Loss 5%
- 4Profit 7%
Correct answer
Loss 4%
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