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%
Answer (1)
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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