By selling an articles for Rs. 144, a man loses 1 / 7 of his outlay. By selling it for Rs. 168, his gain or loss percent is?

20% loss
20% gain
41/ 6 % gain
None of the these

Correct Answer: None of the these

Explanation:

Let C.P. = Rs. P
S.P. = (C.P.) - (Loos) = P - P/7 = Rs. 6P/7
∵ 6P / 7 = 144
∴ P = (144 x 7) / 6 = Rs. 168
Hence, no Loss and no gain.

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