CMAT 2017 Solved Question Paper

Question : 17 of 100

Marks: +1, -0

The cost price of a cycle is ? 1200. It was soldfor ? 1140. What is the loss%?

Solution:

(d) Cost price of cycle = ₹ 1200
Selling price of cycle = ₹1140
Therefore, Loss % = _ × 100

\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\=60/1200 × 100%

\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\=60/12 = 5%

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