General Aptitude › Profit and Loss › Question #6190
Single Choice Easy

QDetermine the loss percentage if a radio is acquired for Rs. 490 and sold for Rs. 466.50.

ID: #6190 Profit and Loss 183 views
Question Info
#6190Q ID
EasyDifficulty
Profit and LossTopic
Start Quiz on This Topic
 Your Answer

Choose the Best Option

Click any option to instantly check if you're correct.

  • A 1% ✔ ✖
  • B 5% ✔ ✖
  • C 3% ✔ ✖
  • D 105 ✔ ✖
Correct Answer

Explanation

C.P. = Rs. 490, S.P = Rs. 465.50
Loss = Rs. (490 – 465.50) = Rs. 24.50
∴ L o s s % = ( 24.5 490 × 100 ) % = 5 %

 Continue Practice
Previous Question Next Question
 Share

Share This Question

Challenge a friend or share with your study group.

 More from This Topic

Related MCQ Questions

Profit and Loss Formula for Arithmetic Aptitude... Find the profit%, if an article worth Rs.300 is sold for Rs. 312?... A sells an article which costs him 400 to B at a profit of 20%. B then sells it to C, making a profit of 10% on the price he paid to A. How much does C pay B?... If the ratio of cost price and selling price of an article be 10: 11, the percentage of profit is... A tradesman sold an item at a 20% loss. If the selling price had been raised by Rs. 100, the profit would have been 5%. What was the article's purchase price?... A trader buys some goods for 150. If the overhead expenses be 12% of cost price, then at what price should it be sold to earn 10%?... What is the profit percentage if the cost price is 96% of the selling price?... What is the formula to calculate net profit?... A man pays Rs. 27.50 for an item and sells it for Rs. 28.60. Determine his profit percentage.... A man paid three rupees for toffees. How many for a rupee must he sell in order to profit 50%?...