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Question

If CP = ₹ 400 and loss = ₹ 40, then the SP and Loss percentage are ___.


A

SP = ₹ 360, Loss%=10%

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B

SP = ₹ 360, Loss%=15%

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C

SP = ₹ 440, Loss%=10%

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D

SP = ₹ 440, Loss%=15%

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Solution

The correct option is A

SP = ₹ 360, Loss%=10%


CP = ₹ 400
SP = CP - Loss
= 400 - 40
=₹ 360
Loss %=LossTotal CP×100
Loss%=40400×100=10%
Loss%=10%


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