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

20%

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10%

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80%

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12%

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Solution

The correct option is A 20%
Given: C.P = ₹10,000, and S.P = ₹8,000
$∵$ S.P< C.P, it is a loss.
Loss = 10000 - 8000 = 2000
Loss% = $\frac{l o s s}{C o s t p r i c e} \times 100$
= $\frac{2000}{10000} \times 100$ = 20%

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