Maya bought a television for 14,500 rupees and spent 500 rupees on transportation. she sold that television for 12,000 rupees. Calculate her loss percent.
A
12.22%
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B
32.23%
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C
22.22%
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D
20%
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Solution
The correct option is D20% Price paid for buying a TV =14,500 Amount spent on transportation =500 Total cost of the TV = cost price =14,500+500=15,000 Selling price =12,000 Loss = C.P. − S.P. =15,000−12,000=3000 Loss %=lossC.P.×100%=300015000×100% =20%