Question : A man buys a toy car for Rs. 225 and sells it for Rs. 210. Find his loss percentage (round up to two decimal places).
Option 1: 4.44%
Option 2: 93.33%
Option 3: 3.33%
Option 4: 6.67%
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Correct Answer: 6.67%
Solution :
Given that the cost price is Rs. 225, the selling price is Rs. 210 and the loss is Rs. 15.
Loss Percentage $=\frac{225-210}{225}= \frac{15}{225} \times 100 = 6.67\%$
Hence, the correct answer is 6.67%.
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