Question 65

The marked price of an article is ₹600. After allowing a discount of 25% on the marked price, there was a loss of ₹30. The loss percentage is:

Solution

M.P =600

Discount = 25%

Discount = $$\frac{25}{100}\times\ 600=₹150$$

Selling price = Marked price - Discount

S.P = ₹600 - ₹150 = ₹450

According to question, After allowing 25% discount there will be loss of ₹30.

Cost Price = S.P + loss

C.P = ₹450 + ₹30 = ₹48

loss % = $$\frac{loss}{C.P}\times\ 100\ =\ \frac{30}{480}\times\ 100$$

= 6.25%

Hence Option A is correct.

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