Shubhendu buys a laptop at ₹80,000. After two years he sells it at ₹64,000. Calculate the loss %.

15%

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20%

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25%

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30%

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Solution

The correct option is B 20%
Cost Price of the laptop that Shubhendu bought = ₹80,000
Selling price of the laptop = ₹64,000
So, loss incurred = ₹80,000 - ₹64,000 = ₹16,000
Loss % = $\frac{L o s s}{C o s t P r i c e} \times 100$
$= \frac{₹ 16, 000}{₹ 80, 000} \times 100 = 20 %$

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Shubhendu buys a laptop at ₹80,000. After two years he sells it at ₹64,000. Calculate the loss %.

The correct option is B 20%Cost Price of the laptop that Shubhendu bought = ₹80,000 Selling price of the laptop = ₹64,000 So, loss incurred = ₹80,000 - ₹64,000 = ₹16,000 Loss % = LossCost Price × 100 =₹16,000₹80,000 × 100 = 20%

The correct option is B 20%
Cost Price of the laptop that Shubhendu bought = ₹80,000
Selling price of the laptop = ₹64,000
So, loss incurred = ₹80,000 - ₹64,000 = ₹16,000
Loss % = $\frac{L o s s}{C o s t P r i c e} \times 100$
$= \frac{₹ 16, 000}{₹ 80, 000} \times 100 = 20 %$