Question

A TV is purchased at Rs. 5000 and sold at Rs. 4000, what is the loss percent?

• A.
• B.
• C.
• D.

Answer 1

The correct option is B

Cost Price = Rs. 5000
Selling Price = Rs. 4000
Loss = 5000 – 4000 = Rs. 1000
$Losspercentage=\frac{Loss}{C.P}\times 100=\frac{1000}{5000}\times 100=20\%$