The selling price and the cost price of a cup are ₹576 and ₹800 respectively. What is the loss percentage?
Answer & explanation
Correct answer: option 2
Selling price = 576
Cost price = 800
Loss% = (800 - 576) × \(\frac{100}{800}\) = 28%
The selling price and the cost price of a cup are ₹576 and ₹800 respectively. What is the loss percentage?
Correct answer: option 2
Selling price = 576
Cost price = 800
Loss% = (800 - 576) × \(\frac{100}{800}\) = 28%