Question

What is the profit or loss % when the cost price is ₹400 and selling price is ₹300?

• A. 25% Loss
• B. 25% Profit
• C. 15% Profit
• D. 15% Loss

Answer 1

The correct option is A

25% Loss

Given, CP = ₹400

and SP = ₹300

Since, SP < CP, there is a loss.

Loss = CP- SP

$=₹(400-300)=₹100$

$\therefore Loss\%=\frac{\text{Loss}}{\text{C.P.}}\times 100$

$\Rightarrow \frac{100}{400}\times 100$

$=25\%$

So, loss % is 25%.