Question

A shopkeeper bought a table for ₹ 500 and sold it for ₹ 400. The loss percentage is __________________. (a) 10% (b) 20% (c) 40% (d) 50%

Answer 1

Answer:

loss=c.p-s.p

=500-400

=100

loss%=c.p-s.p/c.p×100

=100/500×100

=20%

b) 20%