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“A” sold a pen for Rs.180 .This was Rs. 60 less than what “A” paid for it. What was A’s loss as a percentage of his cost price?
- 25%
- 3 1/3%
- 50%
- 75%
cost price : 180+60=240
Loss % = 100 × Loss/Cost Price.
Loss %= 100 x 60/240 =25%
cost price : 180+60=240
Loss % = 100 × Loss/Cost Price.
Loss %= 100 x 60/240 =25%