Multiple choice

A writer bought $20$ articles for $450$ rupees and sold it for $200$ rupees. What is the loss percentage?

  1. $55.55\%$
  2. $54.23\%$
  3. $56.12\%$
  4. $57.12\%$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Cost price (CP) = 450, Selling price (SP) = 200. Loss = CP - SP = 450 - 200 = 250. Loss percentage = (Loss / CP) * 100 = (250 / 450) * 100 = 5/9 * 100 = 55.55%.

AI explanation

Using the loss percentage formula, subtract the selling price of 200 rupees from the cost price of 450 rupees to get a loss of 250 rupees. Divide the 250 rupee loss by the 450 rupee cost price and multiply by 100, yielding 55.55%. The result is 55.55%.

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