What is the loss percentage, if a girl bought 10 oranges for 1000 rupees and sold them for 946 rupees?
A
5.5%
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B
5.6%
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C
5.4%
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D
5.8%
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Solution
The correct option is B 5.4% Cost price of the orange(C.P.) = Rs.1000 Selling price of the orange(S.P.) = Rs. 946 Loss percentage = (C.P.−S.P.C.P.×100)% = (1000−9461000×100)% = (541000×100)% Loss% =5.4%