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Calculate the loss percentage (correct up to two decimals) if Moni had a loss of ₹250 and her product was sold at ₹100.
Question

Calculate the loss percentage (correct up to two decimals) if Moni had a loss of ₹250 and her product was sold at ₹100.

A.

72.53%

B.

71.43%

C.

68.33%

D.

67.23%

Correct option is B

Given:

Loss = ₹250

Selling Price (SP) = ₹100

Formula used:

Loss Percentage =(LossCost Price (CP))×100 \left(\frac{\text{Loss}}{\text{Cost Price (CP)}}\right) \times 100​​

Cost Price (CP) = Loss + Selling Price

Solution:

Cost Price (CP) = ₹250 + ₹100
CP = ₹350
Loss Percentage =(250350)×100 \left(\frac{250}{350}\right) \times 100​​
Loss Percentage = 71.43%

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