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 C5% Given, CP = Rs. 1260 and SP = Rs. 1197. Since (SP)<(CP), Ron makes a loss. Loss = Rs. (1260−1197)= Rs. 63. Loss percent =lossCP×100 =631260×100=5%