Multiple choice

10% loss on selling price is what percent loss on the cost price? विक्रय मूल्य पर 10% की हानि क्रय मूल्य पर कितने प्रतिशत की हानि है?

  1. 9.09%

  2. 11.11%

  3. 10%

  4. 11%

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

Let SP = 100. Loss on SP = 10%, so loss = 10, CP = 110. Loss on CP = 10/110 = 1/11 = 9.09%. This conversion is needed because percentages on SP and CP have different bases. The formula: loss% on CP = (loss% on SP) / (1 + loss% on SP).