If a radio is purchased for Rs., 490 and sold for Rs. 465.50 . operatorname{loss} % ?

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7.Profit and Loss

easy

If a radio is purchased for $Rs.\, 490$ and sold for $Rs.$ $465.50 .$ Find the $\operatorname{loss} \% ?$

A

$6$

B

$5$

C

$4$

D

$3$

Solution

$CP = Rs .490, \quad SP = Rs .465 .50$

$Loss = CP – SP =490-465.50= Rs .24 .50$

$Loss \%=\frac{\operatorname{loss} \times 100}{ CP } \%=\frac{24.50 \times 100}{490}=5 \%$

Standard 13

Quantitative Aptitude

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