Question

answer from the given options.
(1) A bat is bought for Rs. 120 and sold for Rs. 105. The loss percent is:
(1) 15percent
(2) 12 1/2 percent
(3) 16 2/3 percent
(4) 14 1/5percent ​

Answer 1

The answer is 12 1/2%

Answer 2

Answer:

12.5%

Step-by-step explanation

loss = buying price-selling price

       =  120-105 = 15

%loss = [loss/buying price]* 100

          = $\frac{15}{120}$*100

          =$12\frac12$%