If apples are bought at Rs. 100 each, and sold at Rs. 80 each, what is the loss percentage?
A
20%
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B
10%
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C
30%
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D
40%
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Solution
The correct option is A20% Given, Apples are bought at C.P. of Rs. 100 and it is sold at S.P. of Rs. 80 . Loss percentage =(C.P−S.P)C.P×100 =(100−80)100×100 =20%