Quantitative Aptitude Ques 186
Question: Arvind purchased a wrist watch with 30% discount on the labelled price. He sold it with 40% profit on the price he bought. What was his per cent loss on the labelled price?
Options:
A) 4
B) 8
C) 2
D) 6
Show Answer
Answer:
Correct Answer: C
Solution:
- The total loss is given by $ =( a+b+\frac{a\times b}{100} )% $ Here, $ a=-,30, $ $ b=40 $ Then, $ ( -,30+40+\frac{-,30\times 40}{100} )% $ $ =(10-12)%=-,2% $ Since, $ -ve $ sign signifies loss. So, he has a loss of 2%.
BETA
