Question: A merchant buys p apples for Rs. q and sells q apples for Rs. p. If p < q, then in the whole outlay, he makes
Options:
A) $ 100( \frac{p^{2}+q^{2}}{q^{2}} ) $ % gain
B) $ 100( \frac{q^{2}-p^{2}}{q^{2}} ) $ % loss
C) $ 100( \frac{p^{2}+q^{2}}{p^{2}} ) $ % loss
D) $ 100( \frac{q^{2}-p^{2}}{p^{2}} ) $ % gain
Show Answer
Answer:
Correct Answer: B
Solution:
- When p < q, then the person has loss which is given by
$ 100( \frac{q^{2}-p^{2}}{q^{2}} ) $ % loss