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Question

Ron purchased a table for Rs. 1260 and due to some scratches on its top he had to sell it for Rs. 1197. Find his loss percent.

A
10%
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B
15%
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C
6%
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D
5%
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Solution

The correct option is C 5%
Given, CP = Rs. 1260 and SP = Rs. 1197.
Since (SP)<(CP), Ron makes a loss.
Loss = Rs. (12601197)= Rs. 63.
Loss percent =lossCP×100 =631260×100=5 %

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