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A man buys 8 pens for Rs 9 and sells 9 pens for Rs 8, Find profit or loss%?

 A man buys 8 pens for Rs 9 and sells 9 pens for Rs 8, Find profit or loss%?

A). 20%
B). 21%
C). 22%
D). 23%

This Question has 2 answers.

By LCM method

take LCM of $8$ and $9$ that will be $72$

CP of $72$ pens will be $81$ Rs

SP of $72$ Pens will be $64$ Rs

Clearly there is loss which will be equal to $81 - 64 = 17$ Rs

Loss $% = \frac{17}{81} \times 100 = 20.98$ or $21%$

The man buys 8 pens for Rs 9. So, the cost price per pen is:
C.P. per pen=98

The man sells 9 pens for Rs 8. So, the selling price per pen is:
S.P. per pen=89

Loss per pen:
Loss=C.P. per penS.P. per pen

Substituting values:
9889

Taking LCM of 8 and 9:
(9×9)(8×8)72=816472=1772

Loss percentage:
Loss \%=(LossC.P. per pen)×100

Substituting values:
(1772×89)×100

=(136648)×100

=13600648

20.99%21%

Thus, the correct answer is: 21% Loss

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