ABC26GN2639 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

10\% loss on selling price is what percent loss on the cost price?

(a)$9 \frac{1}{11} \%$

(b)$9 \frac{2}{11} \%$

(c)10\%

(d)11\%

Answer

Answer (as printed): A

Explanation

Let S.P. $=₹ 100$. Then, Loss $=₹ 10$, C.P. $=₹(100+10)=₹ 110$. $$\text { ∴ } \text { Loss } \%=\left(\frac{10}{110} \times 100\right) \%=9 \frac{1}{11} \% .$$

Explanation as extracted from the printed page; notation may be imperfect.

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