SSC CGL 2023 PYQ — Question 74

SSC CGL - 26 July 2023 - Shift 4 • Quantitative Aptitude • Q74

A watch is purchased for ₹3,200 and sold for ₹2,700. Calculate the percentage loss up to two places of decimal. 

Show answer & explanation

Correct answer: B

Explanation

The correct answer is Option 2 i.e. 15.62%.

Loss Percentage = [(CP - SP)/CP] × 100

Loss Percentage = 3200−27003200×100{3200-2700\over 3200} \times 100 = 15.62%