Multiple choice

Amy bought an old phone for Rs. 9,000 and spent Rs. 900 on its maintenance. If she sold the old phone for Rs. 8,550, then her loss percentage is

  1. 13.63%

  2. 17%

  3. 5%

  4. 3.8%

  5. 9%
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Total cost = 9000 + 900 = 9900. Selling price = 8550. Loss = 9900 - 8550 = 1350. Loss % = (1350 / 9900) * 100 = 13.6363...%

AI explanation

The total cost price is the purchase price plus maintenance, which is 9000 + 900 = 9900. Using the loss percentage formula, Loss Percentage = ((Cost Price - Selling Price) / Cost Price) * 100. Substituting the values gives ((9900 - 8550) / 9900) * 100, which equals (1350 / 9900) * 100, resulting in a 13.63% loss.

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