Practicing Success
Rohit buys a old bat for Rs 880 and spends Rs 120 on its repairing. If he sells it for Rs 800, what is the loss percentage? |
25% 30% 10% 20% |
20% |
Total cost of the old bat = cost price + cost of repairment = 880 + 120 = Rs 1000 Selling price = Rs 800 Loss = Total cost - Selling price = 1000 - 800 = 200 Loss% = $\frac{200}{1000}$ = 20% |