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    A person bought a watch for ₹800 and sold it for Rs. 600. What is the loss percentage?
    Question

    A person bought a watch for ₹800 and sold it for Rs. 600. What is the loss percentage?

    A.

    30%

    B.

    25 %

    C.

    10 %

    D.

    20%

    Correct option is B

    ​Given:

    Cost price (CP) of the watch = ₹800

    Selling price (SP) of the watch = ₹600

    Formula Used:

    Loss = Cost Price - Selling Price

    Loss percentage = LossCost Price×100\frac{\text{Loss}}{\text{Cost Price}} \times 100​​

    Solution:

    Loss = ₹800 - ₹600 = ₹200

    Loss percentage = 200800×100=25%\frac{200}{800} \times 100 = 25\%​​

    Thus, the loss percentage is 25%

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