Percentage

1:

 A man sells sugar to a tradesman at a profit of 20% but the tradesman becoming bankrupt pays only 80 paise in the rupee. How much percentage does the man gain or lose by his sale?

A.

2.5%

B.

3%

C.

4%

D.

5.2%

 

Answer : C

Explanation :

Let CP be Rs.x
SP = 1.2 x But he gets only 1.2x * 0.8 = 0.96x
Loss = 0.04x  
Hence Loss % = 4.

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Option: A

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