Multiple choice

By selling 30 m of cloth, a draper loses an amount equal to the selling price of 5 m of cloth. Find his loss percent.

  1. 17.66%

  2. 14.29%

  3. 20.50%

  4. 23.65%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Loss = SP of 5m. Total SP = 30m. CP = SP + Loss = 30 + 5 = 35m. Loss % = (Loss / CP) * 100 = (5 / 35) * 100 = 1/7 * 100 = 14.2857%.

AI explanation

Let the selling price of 1 meter of cloth be 1 unit, making the selling price of 30 meters equal to 30 units. The loss is the selling price of 5 meters, which is 5 units, meaning the cost price of 30 meters is 35 units. Using the loss percentage formula, (Loss / Cost Price) * 100, we calculate (5 / 35) * 100. This equals 14.29%, which is his loss percent.