Question : The ratio of the selling price to the cost price is 8 : 11. What is the loss percentage?
Option 1: 33.33%
Option 2: 27.27%
Option 3: 26.66%
Option 4: 28.56%
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Correct Answer: 27.27%
Solution : Given the ratio SP : CP as 8 : 11. Let's denote the selling price as $8x$ and the cost price as $11x$, where $x$ is a positive constant. ⇒ Loss Percentage = $\frac{(CP – SP)}{CP}×100$ = $\frac{(11x – 8x)}{11x}×100$ = $\frac{3x}{11x}×100$ = 27.27% Hence, the correct answer is 27.27%.
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Question : If the cost price of 10 articles is equal to the selling price of 15 articles, then what is the loss percentage?
Option 1: 25%
Option 2: 50%
Option 3: 33.33%
Option 4: 20%
Question : The ratio of the cost price and the selling price is 5 : 3. What is the loss percentage?
Option 1: 35%
Option 2: 40%
Option 3: 25%
Option 4: 30%
Question : The ratio of the selling price to the cost price is 9 : 8. What is the profit percentage?
Option 1: 15 percent
Option 2: 12.5 percent
Option 3: 20 percent
Option 4: 10.5 percent
Question : A mobile phone is sold at a profit of 80%. The nominal profit is approximately what percentage of the selling price of the mobile phone?
Option 2: 28.56%
Option 3: 44.44%
Option 4: 36.66%
Question : If the cost price of an article is 80 percent of its selling price, then what is the profit percentage?
Option 1: 50%
Option 2: 33.33%
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