A trader buys an article for Rs. 4730 and sells it for Rs. 2933. Find the loss percentage.
- A. 42%
- B. 38% ✓
- C. 30%
- D. 32%
Correct answer
B. 38%
Explanation
Loss = 1797. Loss% = (1797/4730) x 100 = 38.0%.
B. 38%
Loss = 1797. Loss% = (1797/4730) x 100 = 38.0%.