Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Pawan sells his goods at 15% loss on selling price. Find his actual loss %.

Options:

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

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

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

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

Correct Answer:

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

Explanation:

15% =  \(\frac{3(loss)}{20(SP)}\)

        CP = 23

 Actual loss %  = \(\frac{3}{23}\) × 100  = 13\(\frac{1}{23}\)%