A man buys an article for Z 490 and sells it for Z 465.50. Find his loss percentage.
Given that C.P = 490, S.P = 465.5
We know that Loss percentage $$ = \frac{C.P-S.P}{C.P} \times 100 $$
=>Loss % $$ = \frac{24.5}{490} \times 100 $$
=> Loss % = 5%
Create a FREE account and get:
Quick, Easy and Effective Revision
By proceeding you agree to create your account
Free CAT Formulae PDF will be sent to your email address soon !!!
