A trader buys an article for Rs. 1390 and sells it for Rs. 1168. Find the loss percentage.
- A. 12%
- B. 19%
- C. 18%
- D. 16% ✓
Correct answer
D. 16%
Explanation
Loss = 222. Loss% = (222/1390) x 100 = 16.0%.
D. 16%
Loss = 222. Loss% = (222/1390) x 100 = 16.0%.