Question

If CP $=125$ and $SP=96$, find the loss percent.

• A. $20\%$
• B. $23\frac{1}{5}\%$
• C. $25\%$
• D. $29\frac{1}{5}\%$

Answer 1

Answer: (B)

$23\frac{1}{5}\%$

Given,

$CP=Rs.125$

and, $SP=Rs.96$

$Loss=CP-SP$

$=Rs.(125-96)$

$=Rs.29$
$Loss\%=(\frac{Loss}{CP}\times 100)\%$

$=(\frac{29}{125}\times 100)\%$

$=\frac{2900}{125}\%$

$=23\frac{1}{5}\%$

Hence, the loss percent is $23\frac{1}{5}\%$ .