Multiple choice

Ron purchased a table for Rs. $1260$ and due to some scratches on its top he had to sell it for Rs. $1197$. Find his loss percent.

  1. $10\%$
  2. $15\%$
  3. $6\%$
  4. $5\%$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Loss = 1260 - 1197 = 63. Loss percent = (63 / 1260) * 100 = (1/20) * 100 = 5%.

AI explanation

We use the loss percentage formula which is the cost price minus the selling price, divided by the cost price, and then multiplied by 100. The loss amount is the cost price of 1260 rupees minus the selling price of 1197 rupees, which equals 63 rupees. Applying the formula, we divide the 63 rupee loss by the 1260 rupee cost price and multiply by 100. This calculation simplifies to 5 percent.

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