Pawan sells his goods at 15% loss on selling price. Find his actual loss %.
Answer & explanation
Correct answer: option 1
15% = \(\frac{3(loss)}{20(SP)}\)
CP = 23
Actual loss % = \(\frac{3}{23}\) × 100 = 13\(\frac{1}{23}\)%
Pawan sells his goods at 15% loss on selling price. Find his actual loss %.
Correct answer: option 1
15% = \(\frac{3(loss)}{20(SP)}\)
CP = 23
Actual loss % = \(\frac{3}{23}\) × 100 = 13\(\frac{1}{23}\)%