A man buys an item for Rs. 500 and sells it for Rs. 400. Find the loss percentage.

A10%

B20%

C25%

D30%

Explanation

Loss = 100. Loss% = (100/500)*100 = 20%.

Exam Relevance

Topic: Profit and Loss
Subtopic: Loss Percentage

Submitted by: mcqstutor Team More Mathematics MCQs →