Question

Find the loss percent when C.P is ₹80 more than the S.P , which is ₹720.

• A. 10%
• B. 5%
• C. 8%
• D. 80%

Answer 1

The correct option is A 10%

Given: S.P = ₹720
Cost price is ₹80 more than the S.P
$\therefore$ C.P = 720 + 80 = ₹800
Loss = C.P- S.P = 800 -720 = ₹80
Loss% = $\frac{Loss}{Costprice}\times 100$
= $\frac{80}{800}\times 100$ = 10
Hence Loss% = 10