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Question

Given: C.P = ₹10,000, and S.P = ₹8,000, find the loss percent.

A
10%
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B
12%
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C
80%
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D
20%
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Solution

The correct option is D 20%
Given: C.P = ₹10,000, and S.P = ₹8,000
S.P< C.P, it is a loss.
Loss = 10000 - 8000 = 2000
Loss% = lossCost price×100
=200010000×100 = 20%

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