A trader buys an article for Rs. 2865 and sells it for Rs. 2464. Find the loss percentage.
- A. 17%
- B. 14% ✓
- C. 13%
- D. 12%
Correct answer
B. 14%
Explanation
Loss = 401. Loss% = (401/2865) x 100 = 14.0%.
B. 14%
Loss = 401. Loss% = (401/2865) x 100 = 14.0%.