Correct option is B
Q. What is the loss percentage when a watch is bought for ₹1,260 and sold for ₹1,197?(a) 4%(b) 5%(c) 7%(d) 10%Solution:Cost Price (CP)=₹1260Selling Price (SP)=₹1197Loss=CP−SP=1260−1197=₹63Loss %=(CPLoss)×100=(126063)×100=5%The correct answer is: (b) 5%