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    What is the loss percentage when a watch is bought for ₹1,260 and sold for ₹ 1,197?
    Question



    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%

    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=CPSP=12601197=63Loss %=(LossCP)×100=(631260)×100=5%The correct answer is: (b) 5%\textbf{Q. What is the loss percentage when a watch is bought for ₹1,260 and sold for ₹1,197?} \\\text{(a) } 4\% \quad \text{(b) } 5\% \quad \text{(c) } 7\% \quad \text{(d) } 10\% \\[10pt]\textbf{Solution:} \\[5pt]\text{Cost Price (CP)} = ₹1260 \\\text{Selling Price (SP)} = ₹1197 \\[5pt]\text{Loss} = \text{CP} - \text{SP} = 1260 - 1197 = ₹63 \\[10pt]\text{Loss \%} = \left( \frac{\text{Loss}}{\text{CP}} \right) \times 100 = \left( \frac{63}{1260} \right) \times 100 = 5\% \\[10pt]\boxed{\text{The correct answer is: (b) 5\%}}​​

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