Question

What is the loss percentage incurred by a company when it buys an asset for Rs. 1,50,000 and sells it for
Rs. 75,500?
(a) 49.67%
(b) 49.34%
(c) 98.68%
(d) 98.34%

Answer 1

a) 49.67%(approx)

Sol.) SP=75,500
CP=1,50,000
LOSS= 74,500
LOSS %=L×100/CP
=74,500×100/1,50,000
L%=49.67%

Answer 2

the answer is 49.67 as the cp=1,50,000 and sp=75,500
then 75,500 is 50.33% of 1,50,000
so, 100%-50.33%=49.67% of loss