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Question

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 A 20 %
Given, Apples are bought at C.P. of Rs. 100
and it is sold at S.P. of Rs. 80 .
Loss percentage = (C.PS.P)C.P×100
= (10080)100×100
= 20 %
Thus, the loss percentage is 20%.

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