Profit and Loss Practice Test 6

Question : 11 of 40

Marks: +1, -0

Raghav estimated his loss as 32% on the selling price. His original loss per cent is:

Solution:

Let SP = Rs 100
Then loss = Rs 32
CP = 100 + 32 = Rs 132
Actual loss per cent =

32/132× 100

= 24.24%

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