Question

# Rohit bought a speaker for ₹ 1500 and sold it for ₹ 1450. His profit or loss percentage is .6.66%5%3.33%2%

Solution

## The correct option is C 3.33%Given that, Cost price of speaker (C.P) = ₹ 1500 Selling price of speaker (S.P)= ₹ 1450 As, C.P > S.P, so it made loss. Loss = CP - SP = ₹ (1500 - 1450) = ₹ 50  ∴LossC.P=Loss Percent100 501500 =Loss Percent100 % Loss = 3.33%

Suggest corrections