A

Admin • 828.70K Points
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Q. A person buys a watch for ₹ 500 and sells it for ₹ 300. Find his loss per cent.

  • (A) 30%
  • (B) 40%
  • (C) 35%
  • (D) 45%
  • Correct Answer - Option(B)
  • Views: 11
  • Filed under category Math
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Explanation by: Admin
Given that CP = ₹ 500 and SP = ₹ 300
Loss = CP - SP = 500 - 300 = ₹ 200
∴ Loss % = (Loss/CP) x 100%
= (200/500) x 100% = 40 %

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