Discussion

Q.

If a shopkeeper buys an article for ₹ 500 and sells it for ₹ 450. Find his loss percentage.

A. 20%

B. 10%

C. 25%

D. 40%

Correct Option is B

Explanation:

CP = ₹ 500   SP = ₹ 450  

Loss =  CP - SP

Loss amount = ₹ 500 - ₹ 450 = ₹ 50

Loss % = 50500×100 = 10%

 

 

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