Civil Service Exam Reviewer · Simple Interest and Profit/Loss · medium
A motorcycle bought for ₱1,800 was sold for ₱1,350. What was the percent loss?
- 25%
- 33.33%
- 75%
- 4.5%
Answer
A. 25%
Solution
Loss = ₱450. 450 ÷ 1,800 × 100 = 25%.
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