20% loss on selling price is what percen

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

20% loss on selling price is what percent loss on the cost price?

Options:

14.66%

16.66%

18.66%

20%

Correct Answer:

16.66%

Explanation:

20% loss on selling price.

= \(\frac{20}{100}\)

Let us assume that Selling price = 100 , Loss = 20

and Cost price = 100 + 20 = 120

Now,

Loss percentage on Cost price

= \(\frac{20}{120}\)

= \(\frac{1}{6}\)

= 16.66%