Multiple choice

A man incurs a loss of Rs. 65 by selling a cosmetic product at Rs. 395. What is his loss percent?

  1. 12.2%

  2. 13.1%

  3. 14.1%

  4. 15.6%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Selling price = 395, Loss = 65. Cost price = 395 + 65 = 460. Loss percent = (Loss / Cost Price) * 100 = (65 / 460) * 100 = 14.13%.

AI explanation

Using the loss formula, the cost price equals the selling price plus the loss, giving 395 plus 65 which equals Rs. 460. The loss percentage is calculated as (Loss divided by Cost Price) multiplied by 100. Substituting the values gives (65 divided by 460) multiplied by 100, resulting in a loss of 14.1%.

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