The selling price of a bulb is half of its cost price What is the loss percentage ........

Quantitative Aptitude (MTS) Profit and loss

The selling price of a bulb is half of its cost price. What is the loss percentage?

This questions was previously asked in

SSC MTS 8th July 2022 Shift-1

60%

20%

40%

50%

- Calculating Loss Percentage:

- *Cost Price (CP)*: Let’s assume it is $100 for simplicity.

- *Selling Price (SP)*: It is half of the CP, so $50.

- *Loss*: Loss is calculated as CP - SP = $100 - $50 = $50.

- Loss Percentage Formula:

- Loss percentage is calculated using (Loss/CP) x 100 = ($50/$100) x 100 = 50%.

- Option Analysis:

- Option 1: 60% - This is too high and incorrect.

- Option 2: 20% - This is too low and incorrect.

- Option 3: 40% - This is close but still incorrect.

- Option 4: 50% - Correct! The loss percentage is indeed 50%.

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