Question
Mathematics Question on Percentage
The percentage of loss when an article is sold at Rs. 50 is the same as that of the profit when it is sold at Rs. 70. Percentage of profit or loss on the article is ___.
A
10%
B
12%
C
16 2/3%
D
8 1/3%
Answer
16 2/3%
Explanation
Solution
The correct option is (C):16 2/3%