Deepti bought a set of cups for ₹ 175, but then had to sell it later to clear old stocks for ₹ 161. What is the percentage of loss that she had to incur?
$$Percentage loss =(( cost price - sell price)\div cost price)\times 100.$$
$$ Cost price of cups = 175 and Selling price = 161.$$
$$ percentage loss $$
$$=((161-175))\div 175)\times 100$$
$$=(-14\div 175)\times 100$$
$$=-8 percent$$ (negative sign indicates loss).
So, option B is correct.
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