Question

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

• A. $55.55\%$
• B. $54.23\%$
• C. $56.12\%$
• D. $57.12\%$

Answer 1

The correct option is A $55.55\%$

Cost price of the article(C.P.) $=$ Rs. $450$
Selling price of the article(S.P.) $=$ Rs. $200$
Loss percentage $=$ $(\frac{C.P.-S.P.}{C.P.}\times 100)$ $\%$
$=$ $(\frac{450-200}{450}\times 100)$ $\%$
$=$ $(\frac{250}{450}\times 100)$ $\%$
Therefore, loss $\%=55.55\%$