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Question

A TV is purchased at Rs. 5000 and sold at Rs. 4000, what is the loss percent?

A
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B
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C
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D
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Solution

The correct option is B

Cost Price = Rs. 5000
Selling Price = Rs. 4000
Loss = 5000 – 4000 = Rs. 1000

Loss percentage=LossC.P×100=10005000×100=20%


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