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Question : Find the loss percentage if the cost price = INR 4500 and the selling price = INR 3900.

Option 1: 13.3%

Option 2: 14.5%

Option 3: 14%

Option 4: 13%


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

Correct Answer: 13.3%


Solution : Cost price = INR 4500
Selling price = INR 3900
Loss = 4500 – 3900 = 600
Loss percentage = $\frac{600}{4500}$ × 100 = $\frac{200}{15}$ = 13.3%
Hence, the correct answer is 13.3%.

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