SSC Selection Post 2022 PYQ — Question 63

SSC Selection Post - Matriculation Level 2022 - 2 Aug 2022 - Shift 1 • Quantitative Aptitude • Q63

A chair is bought for Rs.800 and sold for Rs.750. Find the loss percentage.

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. 6.25%.

Loss % = (800−750800)×100=50800×100=6.25%\left( \frac{800 - 750}{800} \right) \times 100 = \frac{50}{800} \times 100 = 6.25\%