Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A vendor bought oranges at 5 for ₹15 and sold them at 3 for ₹5. Find his loss percent.

Options:

$41\frac{4}{9}$%

$42\frac{4}{9}$%

$43\frac{4}{9}$%

$44\frac{4}{9}$%

Correct Answer:

$44\frac{4}{9}$%

Explanation:

CP of 5 = ₹15 

CP of 15 = 45

 

SP of 3 = 5

SP of 15 = 25

Loss% = (45 - 25) × \(\frac{100}{45}\) = $44\frac{4}{9}$%