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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1 Answer(s)

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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