The ratio of the cost price and the selling price is 5 3 What is the loss percentage ........

Quantitative Aptitude (MTS) Profit and loss

The ratio of the cost price and the selling price is 5 : 3. What is the loss percentage?

This questions was previously asked in

SSC MTS 15th July 2022 Shift-2

35%

40%

25%

30%

Let’s break it down step by step:

- The ratio of cost price (CP) to selling price (SP) is 5 : 3. That means, for every ?5 spent, you get ?3 back.

- Actual loss = CP - SP, which here is 5 - 3 = 2 (units).

- Loss percentage is (Loss / CP) × 100, so: (2 / 5) × 100 = 40%.

- Option 2: 40% is the right answer.

- Option 1, 35%: Not right—it doesn’t match the calculation.

- Option 3, 25%: This would be if the ratio was something like 4:3.

- Option 4, 30%: This would come up if we had a different difference between CP and SP.

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