If the total cost of 73 articles having equal cost is Rs 5, 110 and the total selling price of 89 such articles is Rs 5, 607, then in the transaction, there will be

Answer

To solve the problem step by step, we will calculate the cost price (CP) and selling price (SP) of each article and then determine if there is a profit or loss in the transaction.

### Step 1: Calculate the Cost Price (CP) of One Article
Given that the total cost of 73 articles is Rs. 5,110, we can find the cost price of one article using the formula:

\[ \text{CP of one article} = \frac{\text{Total Cost}}{\text{Number of Articles}} = \frac{5110}{73} \]

Calculating this:

\[ \text{CP of one article} = \frac{5110}{73} = 70 \text{ Rs} \]

### Step 2: Calculate the Selling Price (SP) of One Article
Next, we are given that the total selling price of 89 articles is Rs. 5,607. We can find the selling price of one article using the formula:

\[ \text{SP of one article} = \frac{\text{Total Selling Price}}{\text{Number of Articles}} = \frac{5607}{89} \]

Calculating this:

\[ \text{SP of one article} = \frac{5607}{89} = 63 \text{ Rs} \]

### Step 3: Determine Profit or Loss
Now, we compare the cost price and selling price of one article to determine if there is a profit or loss:

- CP of one article = Rs. 70
- SP of one article = Rs. 63

Since the CP is greater than the SP, we have a loss. The loss can be calculated as follows:

\[ \text{Loss} = \text{CP} - \text{SP} = 70 - 63 = 7 \text{ Rs} \]

### Conclusion
In this transaction, there will be a loss of Rs. 7 on each article.

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