The selling price of a cupboard is 33 % of its purchase price. Find the loss percentage.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 66%.
Selling price = 33 % = 33.33% of purchase price
Loss% = 100% - 33.33% = 66.67% ≈ 66⅔%