Question : The ratio of the cost price and the selling price is 5 : 3. What is the loss percentage?
Option 1: 35%
Option 2: 40%
Option 3: 25%
Option 4: 30%
Answer (1)
25th Jan, 2024
Correct Answer: 40%
Solution :
Let cost price = $5\text{x}$
Let selling price = $3\text{x}$
Loss percentage = $\frac{\text{Cost price – Selling price}}{\text{Cost price}}×100=[\frac{(5\text{x} - 3\text{x})}{5\text{x}}] \times 100 = (\frac{2\text{x}}{5\text{x}}) \times 100= 40\%$
Hence, the correct answer is 40%.
Comments (0)
Related Questions
Know More about
Staff Selection Commission Multi Tasking ...
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Get Updates Brochure
Thank You!
Your Staff Selection Commission Multi Tasking Staff Exam brochure has been successfully mailed to your registered email id “”.
Upcoming Exams
Mains Exam
Result Date:
4 Nov, 2024
- 11 Nov, 2024
Tier II
Admit Card Date:
12 Nov, 2024
- 12 Nov, 2024
Exam Date:
30 Sep, 2024
- 14 Nov, 2024
Application Date:
23 Sep, 2024
- 15 Nov, 2024
Mains Exam
Exam Date:
30 Nov, 2024
- 30 Nov, 2024
