Question 12

The ratio of selling price to the cost price is 13:17. What is the loss percentage?

Solution

Let Cost price = Rs. 17 and selling price = Rs. 13

=> Loss % = $$\frac{(C.P.-S.P.)}{C.P.}\times100$$

= $$\frac{(17-13)}{17}\times100$$

= $$\frac{400}{17}=23.52\%$$

=> Ans - (A)

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