Question 12

Selling price of a calculator is Rs 13924 and proit percentage is 18%. If selling price is Rs 10266, then what will be the loss percentage?

Solution

Selling price = Rs. 13,924

Profit % = 18%

=> Cost price = $$\frac{13,924}{(100+18)}\times100=Rs.$$ $$11,800$$

If selling price = Rs. 10,266

$$\therefore$$ Loss % = $$\frac{(11,800-10,266)}{11,800}\times100$$

= $$\frac{1534}{118}=13\%$$

=> Ans - (B)

Share on Whatsapp Share on Whatsapp

Create a FREE account and get: