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Multiple choice

A man gains 90% by selling an article for a certain price. If he sells it at half the price, then what will be the loss percentage?

  1. 5

  2. 8

  3. 15

  4. 25

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

If gain is 90%, cost price (CP) = 100, selling price (SP) = 190. Selling at half price means new SP = 190 / 2 = 95. Since 95 < 100, the loss is 100 - 95 = 5%.

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