wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A bought an article for ₹ 500 and sold it for ₹ 300, While B bought the same article for ₹ 800 and sold it for ₹ 600. What is the ratio of loss percentage suffered by B to that of A?

A
5 : 8
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
6 : 9
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
8 : 5
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
8 : 6
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A 5 : 8
For person A,
C.P = ₹ 600
S.P = ₹ 400
Loss = C.PS.P
Loss = 500 300 = 200
Loss% = LossC.P×100
= 200500×100
= 40%
For person B,
C.P = ₹ 800
S.P = ₹ 600
Loss = C.PS.P
Loss = 800600=200
Loss% = LossC.P×100
= 200800×100
= 25%

So, the ratio of loss% of B to that of A is,
BA = 2540
BA = 58
B:A = 5:8

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Profit and Loss Percentage
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon