Pawan sells his goods at 45% loss on sel

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Pawan sells his goods at 45% loss on selling price. Find his actual loss %.

Options:

31\(\frac{1}{29}\)%

23\(\frac{1}{28}\)%

31\(\frac{1}{30}\)%

40%

Correct Answer:

31\(\frac{1}{29}\)%

Explanation:

45% = \(\frac{9(loss)}{20(SP)}\)

CP = 29

Actual loss % = \(\frac{9}{29}\) × 100 = 31\(\frac{1}{29}\)%