A) 8%
B) 10%
C) 16%
D) 20%
Correct Answer: C
Solution :
Let the cost price \[=Rs.\,x\] \[\therefore \] Marked price of the article \[Rs.\frac{6x}{5}\] SP of the article \[=\frac{6x}{5}\times \frac{70}{100}=Rs.\frac{21x}{25}\] \[\therefore \] Loss \[=Rs.\frac{4x}{25}\] Loss percentage \[=\frac{4x}{25}\times \frac{100}{x}%=16%\]You need to login to perform this action.
You will be redirected in
3 sec