Civil Service Exam Reviewer · Simple Interest and Profit/Loss · medium
A motorcycle bought for ₱5,700 was sold for ₱4,275. What was the percent loss?
- 33.33%
- 25%
- 75%
- 14.25%
Answer
B. 25%
Solution
Loss = ₱1,425. 1,425 ÷ 5,700 × 100 = 25%.
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