A trader buys an article for Rs. 2905 and sells it for Rs. 1598. Find the loss percentage.
- A. 47%
- B. 45% ✓
- C. 53%
- D. 41%
Correct answer
B. 45%
Explanation
Loss = 1307. Loss% = (1307/2905) x 100 = 45.0%.
B. 45%
Loss = 1307. Loss% = (1307/2905) x 100 = 45.0%.