One item was bought for ₹ 400 and sold it for ₹ 336 then the loss percentage is …………..
One item was bought for ₹ 400 and sold it for ₹ 336 then the loss percentage is …………..
A) 13%
B) 12%
C) 15%
D) 16%
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Correct option is (D) 16%
Loss = Rs (336 - 400) = Rs 64
Loss percentage \(=\frac{Loss}{\text{Cost Price}}\times100\%\)
\(=\frac{64}{400}\times100\%\)
\(=\frac{64}4\%=16\%\)
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