Shiv Purchased a table for ₹135000 and sold it for ₹110000 what is loss percentage?
Answer & explanation
Correct answer: option 4
Loss = Cost price - Selling price
= 135000 - 110000
= 25000
Loss percentage = \(\frac{Loss}{C.P.}\) × 100
= \(\frac{25000}{135000}\) × 100
= \(\frac{500}{27}\)%