Question
Download Solution PDFA vendor bought 12 oranges for Rs. 50 and sold them at 12 for Rs. 30. Find the loss percentage.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFFormula:
L = (CP - SP)× 100, where
CP = Cost price
SP = Selling price
P = Profit %
L = Loss %
Calculations:
Since the articles are the same, we can use the given amount to calculate the loss%
Loss = 50 - 30 = 20
Loss% = 20/50 × 100 = 40%
The answer is 40%
Last updated on Jun 27, 2025
-> SSC MTS 2025 Notification has been released by the Staff Selection Commission (SSC) on the official website on 26th June, 2025.
-> A total of 1075 Vacancies have been announced for the post of Havaldar in CBIC and CBN.
-> The last date to apply online will be 24th July 2025 as per the SSC Exam Calendar 2025-26.
-> The selection of the candidates for the post of SSC MTS is based on Computer Based Examination.
-> Candidates with basic eligibility criteria of the 10th class were eligible to appear for the examination.
-> Candidates must attempt the SSC MTS Mock tests and SSC MTS Previous year papers for preparation.