Multiple choice

A person buys $100$ cups at Rs. $20$ each. On the way $10$ cups are broken. He sells the remaining cups at Rs. $22$ each. His loss percent is :

  1. $1$
  2. $2$
  3. $3$
  4. $4$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Total CP = 100 * 20 = 2000. Remaining cups = 100 - 10 = 90. Total SP = 90 * 22 = 1980. Loss = 2000 - 1980 = 20. Loss % = (20 / 2000) * 100 = 1%.

AI explanation

Using the loss percentage formula, Loss Percentage = ((Total Cost Price - Total Selling Price) / Total Cost Price) * 100, the total cost price of the 100 cups is 100 * 20 = Rs. 2000. He has 90 cups left to sell at Rs. 22 each, making the total selling price 90 * 22 = Rs. 1980. The loss is 2000 - 1980 = Rs. 20, so the loss percentage is (20 / 2000) * 100 = 1%.

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