CUET Preparation Today
CUET
General Test
Numerical Ability
Profit and Loss
Mohit purchased a table for Rs.1,260 and due to some scratches on its top, he sold it for Rs.1,197. What is his loss percent?
7%
4%
6%
5%
CP = 1260 , SP = 1197
Loss = 1260 - 1197 = 63
Loss % = \(\frac{63}{1260}\) × 100 = 5%