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Shortcut used: Write CP and SP first, then decide profit or loss before using percentage.
Solve in 3 steps:
- Identify CP and SP.
- Find profit/loss amount.
- Use CP as base for percentage if asked.
Common mistake: Do not use selling price as the base for profit/loss percentage.
Question 5
Multiple Choice Question
Question
An article is bought for Rs. 900 and sold for Rs. 810. What is the loss percentage?
Explanation
Correct Answer: B
ANSWER
Correct Answer: B
Method / Topic: Profit and Loss
The loss percentage is 10%.
Why this answer is correct
Profit or loss percentage is calculated on cost price.
Short Explanation
The loss percentage is 10%.
Detailed Explanation
Question
An article is bought for Rs. 900 and sold for Rs. 810. What is the loss percentage?
ANSWER
Correct Answer: B
Method / Topic: Profit and Loss
Loss = Rs. 900-Rs. 810=Rs. 90. Loss percentage = 90/900×100=10%.
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Question 5
Learn + Solve: Shortcut, Trap & Fast Route Click to view shortcut, steps, and common mistake
Learn + solve
Shortcut used, common trap, and the fastest solving route
Shortcut used: Write CP and SP first, then decide profit or loss before using percentage.
Solve in 3 steps:
- Identify CP and SP.
- Find profit/loss amount.
- Use CP as base for percentage if asked.
Common mistake: Do not use selling price as the base for profit/loss percentage.
Question
An article is bought for Rs. 900 and sold for Rs. 810. What is the loss percentage?
Explanation
Correct Answer: B
ANSWER
Correct Answer: B
Method / Topic: Profit and Loss
The loss percentage is 10%.
Why this answer is correct
Profit or loss percentage is calculated on cost price.
Short Explanation
The loss percentage is 10%.
Detailed Explanation
Question
An article is bought for Rs. 900 and sold for Rs. 810. What is the loss percentage?
ANSWER
Correct Answer: B
Method / Topic: Profit and Loss
Loss = Rs. 900-Rs. 810=Rs. 90. Loss percentage = 90/900×100=10%.
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