Multiple choice

Reema buys a wrist watch for Rs. 800 and sells it for Rs. 600. Calculate the loss percent.

  1. 25%

  2. 35%

  3. 45%

  4. 55%

  5. 10%
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A Correct answer
Explanation

Loss = Cost Price - Selling Price = 800 - 600 = 200. Loss percent = (Loss / Cost Price) * 100 = (200 / 800) * 100 = 25%.

AI explanation

Using the loss percentage formula, ((Cost Price - Selling Price) / Cost Price) x 100, we subtract the selling price of Rs. 600 from the cost price of Rs. 800 to get a loss of Rs. 200. Substituting the values gives (200 / 800) x 100, which equals 25. The result is 25%.

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