QA – Placement Quizzes | Profit and Loss | Question 2

Sam purchases a book at Rs 490 and sells it at Rs 465.50. What is the percentage of his loss?
(A) 6%
(B) 10%
(C) 5%
(D) 4%


Answer: (C)

Explanation: CP of the book = Rs 490.00.
SP of the book = Rs 465.50.
Loss = Rs (490.00 – 465.50) = Rs 24.50.
Hence, the required percentage = (24.50/490 × 100)% = 5%.

Quiz of this Question
Please comment below if you find anything wrong in the above post

My Personal Notes arrow_drop_up

Save