Arithmetichard · Past Paper
If loss is 1/3 of SP, find loss % on CP.
A25%
B33.33%
C20%
D50%
✓ Correct Answer: A — 25%
Loss = SP/3. CP = SP + SP/3 = 4SP/3. Loss % = (SP/3) / (4SP/3) * 100 = 1/4 * 100 = 25%.
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