Question

A man buys a book for Rs 400 and sells it for Rs 350. Find its loss%

• A. 12.5%
• B. 10%
• C. 17%
• D. 15%

Answer 1

The correct option is A

12.5%

Loss % = $\frac{\text{Loss}}{\text{CP}}\times 100$

Now, CP of the book = Rs. 400

and, SP of the book = Rs. 350

$\therefore$ Loss = CP-SP

= 400 - 350 =

Rs.50

Now,

Loss % =$\frac{\text{Loss}}{\text{CP}}\times 100$

$=\frac{50}{\text{/}400}\times \text{/}100$

= 12.5 %