The ratio of cost price and selling price is 15 : 14 , then the loss percent is: - Quantitative Aptitude MCQ Adda247 2026 | ExamTest.live

easyMCQAdda2472026Quantitative Aptitude

1 mark

The ratio of cost price and selling price is 15 : 14, then the loss percent is:

Solution & Step-by-step Explanation

Let the Cost Price (CP) be 15 x and Selling Price (SP) be 14 x . Loss = CP - SP = 15 x - 14 x = x Loss percent = (\frac{Loss}{CP} \times 100) % Loss percent = (\frac{x}{15 x} \times 100) % = (\frac{100}{15}) % = (\frac{20}{3}) % = 6 \frac{2}{3} %

Try it yourself before checking the explanation above.

The ratio of cost price and selling price is 15 : 14, then the loss percent is:

16 \frac{2}{3} %

40%

50%

6 \frac{2}{3} %

Practice with timed mock tests and track your performance across Quantitative Aptitude.