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    A monitor for personal computer is bought for Rs. 21500 and sold at Rs. 19350. Find its loss percentage.
    Question

    A monitor for personal computer is bought for Rs. 21500 and sold at Rs. 19350. Find its loss percentage.

    A.

    10 

    B.

    25

    C.

    20

    D.

    15

    Correct option is A

    Cost Price (CP) = 21500
    Selling Price (SP) = 19350

    Loss = CP − SP
    = 21500 − 19350
    = 2150

    Loss % = (Loss / CP) × 100

    = (2150 / 21500) × 100
    = 10%

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