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A man buys a bicycle for Rs. 450 and sells it for Rs. 300. Find his loss per cent.
- a)30%
- b)35%
- c)33 1/3
- d)33%
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
A man buys a bicycle for Rs. 450 and sells it for Rs. 300. Find his lo...
- Cost Price (C.P.) = Rs. 450
- Selling Price (S.P.) = Rs. 300
Step 1: Find the Loss
- Loss = C.P. - S.P.
- Loss = Rs. 450 - Rs. 300 = Rs. 150
Step 2: Calculate Loss Percent using the formula:
The man's loss percentage is 33.33%.
The man's loss percentage is 33.33%.
Most Upvoted Answer
A man buys a bicycle for Rs. 450 and sells it for Rs. 300. Find his lo...
Loss = 450-300 = 150
Loss percentage = (150/450)*100 =100/3
= 33 1/3 %
Loss percentage = (150/450)*100 =100/3
= 33 1/3 %
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Community Answer
A man buys a bicycle for Rs. 450 and sells it for Rs. 300. Find his lo...
Given, cost price of the bicycle = Rs. 450
Selling price of the bicycle = Rs. 300
Loss = Cost price - Selling price = Rs. 450 - Rs. 300 = Rs. 150
To find the loss percentage, we use the formula:
Loss percentage = (Loss/Cost price) × 100
Substituting the values, we get:
Loss percentage = (150/450) × 100 = 33.33%
Therefore, the correct answer is option (c) 33 1/3.
Selling price of the bicycle = Rs. 300
Loss = Cost price - Selling price = Rs. 450 - Rs. 300 = Rs. 150
To find the loss percentage, we use the formula:
Loss percentage = (Loss/Cost price) × 100
Substituting the values, we get:
Loss percentage = (150/450) × 100 = 33.33%
Therefore, the correct answer is option (c) 33 1/3.
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