Question 65

If the ratio of selling price and cost price is 3 : 4 respectively, then what is the loss percentage?

Solution

Let selling price = Rs. 3 and cost price = Rs. 4

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

= $$\frac{(4-3)}{4}\times100$$

= $$\frac{100}{4}=25\%$$

=> Ans - (D)

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