The ratio of cost price and selling price is 300 : 200. The loss percent is:
Answer & explanation
Correct answer: option 2
Cost price selling price loss
300 200 = 100
Loss% = \(\frac{100}{300}\) × 100 = 33.33%
The ratio of cost price and selling price is 300 : 200. The loss percent is:
Correct answer: option 2
Cost price selling price loss
300 200 = 100
Loss% = \(\frac{100}{300}\) × 100 = 33.33%