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Profit, Loss & Discount · Question 22 of 72

Question 22

MediumOriginal question

Rahul buys a laptop for ₹32,000, spends ₹1,600 on repairs and ₹400 on delivery, and then sells it for ₹30,600. What is his loss percentage?

Options for question 22

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. Total cost = ₹32,000 + ₹1,600 + ₹400 = ₹34,000.

  2. Loss = ₹34,000 − ₹30,600 = ₹3,400.

  3. Loss % = 340034000×100=10%\frac{3400}{34000} \times 100 = 10\%.

Worth noting

4.375% ignores the repair and delivery costs. 1119%11\frac{1}{9}\% divides the loss by the SP.

Concept
Loss % with overheads
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