Question

On selling 20 mts of cloth, a merchant realizes that he has made a loss equal to the selling
price of 3 mts of cloth. Find his loss in percentage terms.
1. 15%
2. 13%
3. 16.66%
4. 20%
5. 23%​

Answer 1

Answer:

1. 15%

Step-by-step explanation:

3×100/20 = 15%

• 3 meters is 15% of 20. So, the loss will also be 15%.

Answer 2

Answer:

Step-by-step explanation: CP=SP+LOSS

CP=20+3

CP=23

LOSS%=LOSS/CP*100

LOSS%=3/23*100

LOSS%=13%