Asha bought a mixer for Rs. 2,160 and sold it for Rs. 1,998. Find the loss percentage.

Correct option is B

Given:

Cost Price (CP) = Rs. 2160

Selling Price (SP) = Rs. 1998

Formula Used:

Loss occurs when SP < CP

Loss % = $$\frac{\text{Loss}}{\text{CP}} \times 100$$​​

Solution:

Loss = 2160 − 1998 = 162

Loss % = $$\frac{162}{2160} \times 100$$​​

= $$\frac{16200}{2160}$$​​

= 7.5%