Arithmetichard · Past Paper

If loss is 1/3 of SP, find loss % on CP.

A25%
B33.33%
C20%
D50%

✓ Correct Answer: A25%

Loss = SP/3. CP = SP + SP/3 = 4SP/3. Loss % = (SP/3) / (4SP/3) * 100 = 1/4 * 100 = 25%.

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