A Person Buys a Watch for Rs.500 and Sells it for Rs. 300. Find his Loss percent.

  1. 30
  2. 40
  3. 35
  4. 45
Desire Adnan Default Asked on 2nd August 2015 in Maths.
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    Answer: (2) 40 %
    Explanation:-
    Cost price of a watch = Rs.500
    Selling price of a watch = Rs.300
    Loss = 500 – 300
    = Rs.200
    Loss % = 200 x 100/500
    = 200/5
    = 40 %
    Hence, the loss percent is 40 %.

    Anurag Mishra Professor Answered on 2nd August 2015.
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