ABC26GN2640 · Profit and Loss
Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:
If loss is $\frac{1}{3}$ of S.P., the loss percentage is
(a)$16 \frac{2}{3} \%$
(b)20\%
(c)25\%
(d)$33 \frac{1}{3} \%$
Answer
Explanation
Let S.P. $=₹ x$. Then, Loss $=₹ \frac{x}{3}$. $$\begin{aligned} & \text { C.P. }=₹\left(x+\frac{x}{3}\right)=₹ \frac{4 x}{3} . \\ & \therefore \text { Loss } \%=\left(\frac{x}{3} \times \frac{3}{4 x} \times 100\right) \%=25 \% . \end{aligned}$$
Explanation as extracted from the printed page; notation may be imperfect.
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