10% loss on selling price is what percent loss on the cost price? · ABC26GN2639
Subject: General Aptitude · Chapter: Profit and Loss
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
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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