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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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