One item was bought for ₹ 400 and sold it for ₹ 336 then the loss

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

One item was bought for ₹ 400 and sold it for ₹ 336 then the loss percentage is ………….. A) 13% B) 12%C) 15% D) 16%

Answer»

Correct option is (D) 16%

Loss = Rs (336 - 400) = Rs 64

Loss percentage \(=\frac{Loss}{\text{Cost Price}}\times100\%\)

\(=\frac{64}{400}\times100\%\)

\(=\frac{64}4\%=16\%\)

Correct option is D) 16%