Asked by Deepak

Find the loss percentage if Banrap incurred a loss of RS. 310 when he sold cosmetic for RS. 1550. (In book answer is given as 25%.)
Answered by Damon
cost him 1860
310 * 100 / 1860 = 16.7 %
Answered by Deepak
That means book answer is wrong. Even I got same as 16%.
Answered by Reiny
selling price = 1550
since the loss is 310, cost price = 1860

percentage loss based on cost price = 310/1860 = 16.7%
percentage loss based on selling price = 310/1550 = 20%

with neither of the two interpretations, the rate cannot be 25%
Answered by LL
Put C.P = 1240 ( it come from 1550 - 310) and it will be 25%.
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