hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
    arrow
    arrow
    arrow
    Raman buys an article for Rs. 1,00,000 and sells it to Mohit for Rs. 1,20,000. Mohit again sells the same article to Rashmi for Rs. 1,00,000. What is
    Question

    Raman buys an article for Rs. 1,00,000 and sells it to Mohit for Rs. 1,20,000. Mohit again sells the same article to Rashmi for Rs. 1,00,000. What is the percentage loss faced by Mohit?

    A.

    1623\frac{2}{3}%

    B.

    1813\frac{1}{3}%​

    C.

    20%

    D.

    15%

    Correct option is A

    Selling Price For Raman = Cost Price of Mohit 

    Cost Price of article = 1,20,000

    Selling Price of article = 1,00,000

    Loss Percentage = S.P.C.PC.P×100\frac{S.P.- C.P}{C.P} \times 100 = 20,0001,20,000×100=1623%\frac{20,000}{1,20,000}\times 100 = 16 \frac{2}{3} {\%}​​

    Free Tests

    Free
    Must Attempt

    SSC GD PYP (Held on 4 Feb 2025 S1)

    languageIcon English
    • pdpQsnIcon80 Questions
    • pdpsheetsIcon160 Marks
    • timerIcon60 Mins
    languageIcon English
    Free
    Must Attempt

    Hindi Section Test 1

    languageIcon English
    • pdpQsnIcon20 Questions
    • pdpsheetsIcon40 Marks
    • timerIcon12 Mins
    languageIcon English
    Free
    Must Attempt

    SSC GD Constable Full Mock Test 1

    languageIcon English
    • pdpQsnIcon80 Questions
    • pdpsheetsIcon160 Marks
    • timerIcon60 Mins
    languageIcon English

    Similar Questions

    test-prime-package

    Access ‘SSC MTS’ Mock Tests with

    • 60000+ Mocks and Previous Year Papers
    • Unlimited Re-Attempts
    • Personalised Report Card
    • 500% Refund on Final Selection
    • Largest Community
    students-icon
    354k+ students have already unlocked exclusive benefits with Test Prime!
    Our Plans
    Monthsup-arrow