100. If a person loses 20% on selling price.then what percentage of lo – InterviewSolution

1.

100. If a person loses 20% on selling price.then what percentage of loss will bemade on the cost price?(1) 20%(3) %403(2)(4)25%50%3

Answer»

Let selling price (sp)=100

Loss=20

Loss=cp — sp

Cp = sp +loss = 100+20=120

Loss % on cost price(cp) = (20/120)*100% = 16.66% lossOption-D is right

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