Arithmeticmedium · Past Paper
A trader gains 10% by selling an item for Rs. 550. If he sells it for Rs. 450, what is the loss percentage?
A10%
B5%
C8%
D12%
✓ Correct Answer: A — 10%
CP = 550 / 1.1 = 500. Loss = 500 - 450 = 50. Loss % = (50/500) * 100 = 10%.
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