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By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. 1,080. His loss percentage (rounded off to one decimal place) is:
- a)6.1%
- b)6.4%
- c)6.2%
- d)6.0%
Correct answer is option 'D'. Can you explain this answer?
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Verified Answer
By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. ...
S.P = Rs. 16870
Loss = Rs. 1080
So, C.P = 16870 + 1080 = Rs. 17950
∴ loss percentage = loss/C.P × 100 = 1080/17950 × 100 = 6.0%
Loss = Rs. 1080
So, C.P = 16870 + 1080 = Rs. 17950
∴ loss percentage = loss/C.P × 100 = 1080/17950 × 100 = 6.0%
Most Upvoted Answer
By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. ...
S.P = Rs. 16870
Loss = Rs. 1080
So, C.P = 16870 + 1080 = Rs. 17950
∴ loss percentage = loss/C.P × 100 = 1080/17950 × 100 = 6.0%
Loss = Rs. 1080
So, C.P = 16870 + 1080 = Rs. 17950
∴ loss percentage = loss/C.P × 100 = 1080/17950 × 100 = 6.0%
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Community Answer
By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. ...
To find the loss percentage, we need to first calculate the cost price (CP) of the table. The formula to calculate CP is:
CP = Selling Price (SP) + Loss (L)
Given that the selling price of the table is Rs. 16,870 and the loss suffered is Rs. 1,080, we can substitute these values into the formula:
CP = 16,870 + 1,080
CP = 17,950
Now, we can calculate the loss percentage using the formula:
Loss Percentage = (Loss / CP) * 100
Substituting the values we calculated earlier:
Loss Percentage = (1,080 / 17,950) * 100
Loss Percentage ≈ 6.0178
Since we need to round off the loss percentage to one decimal place, the correct answer is option 'D' - 6.0%.
Summary:
- Selling Price (SP) = Rs. 16,870
- Loss (L) = Rs. 1,080
- Cost Price (CP) = SP + L = 16,870 + 1,080 = 17,950
- Loss Percentage = (Loss / CP) * 100 = (1,080 / 17,950) * 100 ≈ 6.0178 ≈ 6.0%
Therefore, the shopkeeper suffered a loss of 6.0%.
CP = Selling Price (SP) + Loss (L)
Given that the selling price of the table is Rs. 16,870 and the loss suffered is Rs. 1,080, we can substitute these values into the formula:
CP = 16,870 + 1,080
CP = 17,950
Now, we can calculate the loss percentage using the formula:
Loss Percentage = (Loss / CP) * 100
Substituting the values we calculated earlier:
Loss Percentage = (1,080 / 17,950) * 100
Loss Percentage ≈ 6.0178
Since we need to round off the loss percentage to one decimal place, the correct answer is option 'D' - 6.0%.
Summary:
- Selling Price (SP) = Rs. 16,870
- Loss (L) = Rs. 1,080
- Cost Price (CP) = SP + L = 16,870 + 1,080 = 17,950
- Loss Percentage = (Loss / CP) * 100 = (1,080 / 17,950) * 100 ≈ 6.0178 ≈ 6.0%
Therefore, the shopkeeper suffered a loss of 6.0%.
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By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. 1,080. His loss percentage (rounded off to one decimal place) is:a)6.1%b)6.4%c)6.2%d)6.0%Correct answer is option 'D'. Can you explain this answer?
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By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. 1,080. His loss percentage (rounded off to one decimal place) is:a)6.1%b)6.4%c)6.2%d)6.0%Correct answer is option 'D'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. 1,080. His loss percentage (rounded off to one decimal place) is:a)6.1%b)6.4%c)6.2%d)6.0%Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. 1,080. His loss percentage (rounded off to one decimal place) is:a)6.1%b)6.4%c)6.2%d)6.0%Correct answer is option 'D'. Can you explain this answer?.
By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. 1,080. His loss percentage (rounded off to one decimal place) is:a)6.1%b)6.4%c)6.2%d)6.0%Correct answer is option 'D'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. 1,080. His loss percentage (rounded off to one decimal place) is:a)6.1%b)6.4%c)6.2%d)6.0%Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. 1,080. His loss percentage (rounded off to one decimal place) is:a)6.1%b)6.4%c)6.2%d)6.0%Correct answer is option 'D'. Can you explain this answer?.
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By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. 1,080. His loss percentage (rounded off to one decimal place) is:a)6.1%b)6.4%c)6.2%d)6.0%Correct answer is option 'D'. Can you explain this answer?, a detailed solution for By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. 1,080. His loss percentage (rounded off to one decimal place) is:a)6.1%b)6.4%c)6.2%d)6.0%Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. 1,080. His loss percentage (rounded off to one decimal place) is:a)6.1%b)6.4%c)6.2%d)6.0%Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
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