Multiple choice

By selling 8 items for 2 rupees, a man incurs a 50% loss. If he sold 4 items for Rs. 2, what would be the percentage of profit?

  1. 20

  2. 30

  3. 25

  4. 0
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

When 8 items sell for Rs. 2 with a 50% loss, each item's selling price is Rs. 0.25. A 50% loss means the cost price per item is Rs. 0.50 (since 0.25 is half of 0.50). When 4 items sell for Rs. 2, each item sells for Rs. 0.50, which exactly equals the cost price, resulting in 0% profit.

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