Question 75

Shiv Purchased a table for ₹135000 and sold it for ₹110000 what is loss percentage?

Solution

Given,

Cost Price of Table = ₹135000

Selling price = ₹110000

Loss = Cost price - Selling Price = 135000 - 110000 = 25000

Loss % = $$\frac{loss}{Cost\ price\ }\times\ 100$$

= $$\frac{25000}{135000\ }\times\ 100\ $$

= $$\frac{500}{17}\%$$

Hence, Option B is correct.

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