A trader buys an article for Rs. 3940 and sells it for Rs. 2994. Find the loss percentage.
- A. 19%
- B. 18%
- C. 20%
- D. 24% ✓
Correct answer
D. 24%
Explanation
Loss = 946. Loss% = (946/3940) x 100 = 24.0%.
D. 24%
Loss = 946. Loss% = (946/3940) x 100 = 24.0%.