Selling price and cost price of an article are Rs. 1333 and Rs. 2150. What will be the loss percentage?
Show answer & explanation
Correct answer: A
Explanation
The correct anwer is option 1 i.e. 38%
Loss percentage = (CP - SP) × 100/CP
Loos percentage = (2150 - 1333) × 100/2150
Loos percentage = 81700/2150
Loos percentage = 38%