Multiple choice

By selling $45$ lemons, a vendor loses a sum equal to the selling price of $3$ lemons. Find his loss percent.

  1. $6.25\%$
  2. $8.25\%$
  3. $2.25\%$

  4. None of these
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A Correct answer
Explanation

Loss = SP of 3 lemons. Let SP of 1 lemon be 1. Total SP = 45. Total Loss = 3. CP = SP + Loss = 45 + 3 = 48. Loss % = (Loss/CP) * 100 = (3/48) * 100 = 1/16 * 100 = 6.25%.

AI explanation

Let the selling price of one lemon be 1 rupee, so the selling price of 45 lemons is 45 rupees and the loss is 3 rupees. Using the formula Loss = (Cost Price - Selling Price), we get 3 = (Cost Price - 45), making the cost price 48 rupees. The loss percent formula is (Loss / Cost Price) x 100, which gives (3 / 48) x 100 = 6.25%. The loss percent is 6.25%.

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