Question

a box of mangoes was purchased by a fruit-seller for ₹300. However, he had to sell them for ₹255, because they began to get over-ripen. The loss percentage was​

Answer 1

Cost Price (CP) = 300

Selling Price (SP) = 255

loss % = (CP-SP)100
-------------------
SP


Loss % = (300-255)100
----------------------
300


= 45/3

= 15

Loss % = 15 %