A man sells his goods at 25% loss on selling price. Find his actual lo

1.	A man sells his goods at 25% loss on selling price. Find his actual loss%.1. 25%2. 20%3. 30%4. 22%
Answer» Correct Answer - Option 2 : 20% Given: Loss of 25% on selling price. Formula used: Profit or Loss% = [(Profit or Loss)/Cost Price] × 100 Calculation: Let the selling Price be Rs. 100. ⇒ Loss = (25/100) × 100 ⇒ 25 Cost Price of the goods ⇒ 100 + 25 ⇒ 125 Actual Loss% ⇒ (25/125) × 100 ⇒ 20% ∴ The actual loss% is 20%.

A man sells his goods at 25% loss on selling price. Find his actual loss%.1. 25%2. 20%3. 30%4. 22%

Answer» Correct Answer - Option 2 : 20%

Given:

Loss of 25% on selling price.

Formula used:

Profit or Loss% = [(Profit or Loss)/Cost Price] × 100

Calculation:

Let the selling Price be Rs. 100.

⇒ Loss = (25/100) × 100

⇒ 25

Cost Price of the goods

⇒ 100 + 25

⇒ 125

Actual Loss%

⇒ (25/125) × 100

⇒ 20%

∴ The actual loss% is 20%.

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A man sells his goods at 25% loss on selling price. Find his actual loss%.1. 25%2. 20%3. 30%4. 22%

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