Question

A shirt price is $500$ rupees and it was sold for $450$ rupees. Find the loss percentage.

• A. $10\%$
• B. $20\%$
• C. $30\%$
• D. $40\%$

Answer 1

The correct option is A $10\%$

Shirt price is C.P = Rs.$500$
Sold at S.P = Rs.$450$
Loss percentage = $\frac{(S.P-C.P)}{S.P}\times 100$
=$\frac{500-450}{500}\times 100$
=$10$ %