Question

What is the percentage loss incurred by the businessman in 2002 and 2005 together?

• A. $36\frac{4}{11}$
• B. $41\frac{9}{11}$
• C. $34\frac{7}{11}$
• D. $38\frac{1}{11}$
• E. $32\frac{3}{11}$

Answer 1

The correct option is A $36\frac{4}{11}$

Loss in 2002,
= 62000 - 36000 = 26000
Similarly in 2005,
= 70000-48000 = 22000
Total loss = 26000+22000=48000
$\therefore$ Required percentage loss
$=\frac{48000}{62000+70000}\times 100$
$=\frac{48000}{132000}\times 100$
$=\frac{48}{132}\times 100$
$=\frac{400}{11}\%=36\frac{4}{11}\%$